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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 Nighthawk40on Jul 10, 2011 4:50pm
254 Views
Post# 18815782

RE: RE: RE: a little info on the company that

RE: RE: RE: a little info on the company thatThreepalms, I've found the following article to support your post:

In northwestern Ontario, for example, Goldcorp. Inc.(TSX: T.G, Stock Forum) and (NYSE: GG, Stock Forum)will be drilling in the streets beside its 62-year-old Red Lake mineagain this summer as it bids to find low grade ore that could extend thelife of what is still one of the world’s richest gold mines.

Let's hope they strike it big.

The pieces are coming together to explain the SP increase.

I hope you will be the first to post this find on this board.

Cheers,

Nighthawk
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities