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Golconda Gold Ltd GG


Primary Symbol: V.GG Alternate Symbol(s):  GGGOF

Golconda Gold Ltd. is a Canada-based un-hedged gold producer and explorer with mining operations and exploration tenements in South Africa and New Mexico. The Company operates through its wholly owned subsidiary, Galane Gold Mines Ltd., two assets: a producing gold mine which also has the rights to certain mineral exploration tenements (the mine and mineral exploration tenements collectively, the Galaxy Property) located in the Republic of South Africa (South Africa) through subsidiaries located in South Africa, and a gold and silver mine and processing infrastructure located in the United States of America (the Summit Property) that is in care and maintenance. The Galaxy gold is situated approximately eight kilometers (km) west of the town of Barberton and 45 km west of the provincial capital of Nelspruit in the Mpumalanga Province of South Africa. The property covers approximately 58.6 square kilometers (km2) is part of the prolific Barberton Greenstone Belt.


TSXV:GG - Post by User

Bullboard Posts
Comment by vinoconundrumon Dec 17, 2008 10:27am
462 Views
Post# 15651359

RE: "0" Inflation-"Gold now Dead & Tanking""

RE: "0" Inflation-"Gold now Dead & Tanking""You sure know how to call it! May want to take up a new profession. Predicting the future of gold doesn't seem to be working out all that well for you. To be fair maybe it was just a typo and you meant $5000. There will be swings but by 2012 gold will have maintained its trend to $3000 and the US$ its trend to 35 cents.
Bullboard Posts