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Golconda Gold Ltd 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 orefaceon Oct 20, 2009 4:34pm
425 Views
Post# 16405321

RE: How do these takeover bids work, from a shareh

RE: How do these takeover bids work, from a sharehThats basicaly it quarky.Keep your shares and just let it happen.They're worth at least 13,and by the time it gets done AMC will have moved up to the 70's and and they'll be worth that much more.This is a good deal for AMC(Ihave a few),and I bought in today on GG on this news.It's a double whammy going in the right direction.Good luck everybody!
Bullboard Posts