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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 31, 2008 10:04am
375 Views
Post# 15674023

RE: RE: RE: BEST Gold junior play of 2009

RE: RE: RE: BEST Gold junior play of 2009without money they could lose most of this project without the stock doing much of anything. Big companies with cash will do the same to this project as thay did to MDN. Even if they can retain a % by the time they pay off the productions loans and royalties the major dictates, they will lucky to have enough left for postage stamps. All the ounces in the world won't do you much good unless you can get the majors to fight over you and right now there are not many majors in a fighting mood.
Bullboard Posts