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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 GolfGuy69on Jan 22, 2010 11:48am
502 Views
Post# 16708157

Markets are a JOKE

Markets are a JOKEOn November 20, 2009 I purchased some physical Gold Bullion. Today if I wanted to purchase the same Gold Bullion there is a 21% premium over spot versus what I paid two months ago. Yet, all you read in the media is GOLD has topped. I wish I had a crystal ball as to when the mining companies will "take off" but when they do it should be one heck of a ride. IMHO 

 
Bullboard Posts