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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 ahmed124on Sep 26, 2012 5:48pm
464 Views
Post# 20417842

best gold miner if you are long

best gold miner if you are long

I think Goldcorp is the best company among the miners. They will increase their production by 70% from now to 2016. Currently they are the second biggest gold miner on earth. Also there is room too increase the dividend as well. 

the price target of 54$ is very realistic. 

 

The problem is the market, a good company in a bad market could prevent it to reach new high.

 

Bullboard Posts