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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 Nighthawk40on Jun 23, 2011 5:24pm
370 Views
Post# 18758219

Goldcorp's Share Price

Goldcorp's Share PriceGoldcorp's 1st quarter results were very good and the SP declined.

Analyst on average are indicating that the target SP should be north of $60 by year end.

June is almost behind us, the 2nd quarter results should be out in late July or early August.

The spot price of Gold has well been above $1,500 /oz for the 2nd quarter, therefore as investors we should be expecting excellent EPS.

Unless we have other poor economic news again, the SP should rise?

Comments welcome.
Bullboard Posts