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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 21, 2008 12:14pm
262 Views
Post# 15660296

RE: fattmann is right...

RE: fattmann is right...Auto bail out is a waste of money. Its political not practical. Huge layoffs and shut downs cannot be avoided because there are no buyers. Political solutions are always to throw money at the problems rather than manage them. Note they haven't change the people at the top end of the banks or the auto companies so they haven't admitted to their incompitance. I guess it gives them time to fill their pockets before the taxpayer is left holding the empty bag.
When do you expect the first devaluation of the dollars. I give it until June and then those US treasuries that everyone is rushing to will have half the buying power they do now.
Bullboard Posts