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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 mineralricheson Jul 11, 2012 11:01am
300 Views
Post# 20102021

who is dumber?

who is dumber?

Not sure who is stupider...Goldcorp or Agnico?

Both have had SO many chances to buy a gold mine that is 95% done ready to pour gold in the next year or two, but instead your brilliant GC executives, like those at Agnico, focus on shady speculative properties in the third world. 

The problem is with companies of this size, no one cares about actually increasing production or finding the next mine.  As long as the GC, Agnico, (Barrick too) execs can keep convincing naive shareholders that they have a plan, they will see enough movement from time to time on the share price to flip some of their cheap shares/options.  What a joke.

Goldcorp should have bought Rubicon years ago but they let a mine be built under their nose and now Rubicon is going to replace Goldcorp as the major Red Lake producer in the next few years.  Cochenour is tapped out, thats why Lalonde left the Goldcorp stink show

Bullboard Posts