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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
Bullboard Posts
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(4)
•••
Comment by ellgaron Sep 28, 2011 7:12pm
469 Views
Post# 19095875

RE: i'm not a technical guy...what are the charts

RE: i'm not a technical guy...what are the chartsGrab you nuggets and hang on for the ride, LOL!
I'll be a carful buyer of G below $45 , the chart looks oversold as all the other commodity stocks but gold should jump when they start the $$$ presses in Euro land and more hints of QE in the US.
As well:
End of month window dressing could bring a lift in this stock at this price but big China report out at our markets close Friday could spin through the weekend
GLTA
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities