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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
Post by xxxsniperon May 04, 2009 8:12pm
436 Views
Post# 15966108

NADLER in lala land

NADLER in lala land

this guy is supposed to be an intelligent analyst of the bullion field. yet in his self designed arrogance and smugness and know it all attitude he has only consistently downplayed the value of gold. at one time not too long ago it was worth 700$ per ounce based on German bank estimates and more recently it was going nowhere as no buying from India--yet word has just come out that last month India purchased 25% per cent more gold than last years same month.

And now he is going on about the upcoming sale of IMF gold to depress prices--as if there are no buyers for it--so China, India, Russia South America --no longer buying?

Where are the impartial so called analysts?

Bullboard Posts