Join today and have your say! It’s FREE!
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Dickleson Jul 27, 2012 8:48pm
420 Views
Post# 20161364

RE: Yamana Vs Goldcorp

RE: Yamana Vs Goldcorp

I think you may regret it but if pog moves up, this will follow as others will but maybe not as well as you would like.

I got lucky and sold G near it's high, also sold ELD on the way down (but still made money) and moved some to YRI and am happy I did. 

I think going forward YRI is the better bet in its class. 

Not a day trader I hold for long periods and waiting a few years before I sell any.

I used to think pog would peak in 2014 but now believe in a later date, maybe 2016-17 depending on how long things get prolonged.

I also don't believe we will see gold below 1000, maybe ever again.  Too many factors that won't allow it, including production costs.  We will see more inflation. (real inflation the kind the ordinary person feels when we go to the supermarket)

JMHO

Wish you well, good luck

 

Bullboard Posts