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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 johnathamiltonon Apr 30, 2012 4:21pm
338 Views
Post# 19853365

RE: EL Morro

RE: EL Morro

El Morro is not due to come on line until 2017 - not that it is not important for the future, but immediate reaction will be regarding the next few quarter's production and the ability of the company to address the whole El Morro issue. My guess is that ABX is not exactly uninvolved in the problems being experienced by GG. 

 

Note: ABX also has its share of community problems in Chile with its own mine.

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