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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
Comment by buickgson Sep 27, 2011 9:04pm
339 Views
Post# 19091184

RE: RE: RE: RE: COMING: A GOLD & SILVER TSUNAMI

RE: RE: RE: RE: COMING: A GOLD & SILVER TSUNAMI Good post and very accurate ... to add another twist, the derivatives market ( con game set up by the US ) has a out-standing debit, which is now due, of just over $1.7 quadrillion THAT IS WITH A " Q " ... many - many times more than the entire US is worth even on a good day. The price of gold is very near a lift off point. We are seeing the staging for it by this latest pull back which is just about to end. Best bet is to dump G and get into a good managed company ... I don't care who it is but it must be a well run company with a future... G isn't it. Good luck and get ready to hang on for the next ride!!!
Bullboard Posts