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Northstar Gold Signs MOU with Hunan Nonferrous Ltd. to Develop Gold Resource (click to learn more)
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Golconda Gold Ltd GG


Primary Symbol: V.GG Alternate Symbol(s):  GGGOF

Metals & Mining Gold
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

Golconda Gold Ltd
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Comment by GolfGuy69on Jun 09, 2010 6:57am
740 Views
Post# 17171785

RE: Hedgebook

RE: HedgebookEarlyone_1,
The more important question would be is Gold Corp's development financing recourse or non-recourse? 
As a SH I was curious so I sent an email on November 9, 2009. I received a reply the same day from Lynette Gould - Manager of Investor relations - NO! 
This is a professional run company that is the low cost producer. IMO, when the LBME & COMEX default paper gold (ETF's, Certificates, etc) will all crash. Physical gold and quality miners will increase dramatically. Should we say miners will be worth their weight in gold?
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