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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 wavepsycheon Apr 23, 2013 10:34am
98 Views
Post# 21287728

Goldman Has Covered

Goldman Has Covered

Engineering to the upside has begun ... all set for Friday's expiry.
There is now a preponderance of evidence for an epic short squeeze.

Goldman Tells Clients to Close Bets on Lower Gold Prices
https://www.foxbusiness.com/news/2013/04/23/goldman-tells-clients-to-close-bets-on-lower-gold-prices/

Goldman Closes Short Gold Trade, Shifts To Neutral On Commodities
https://www.kitco.com/reports/KitcoNews20130423DeC.html

Meanwhile, G is getting whacked ... looks like the play of the day ... to the downside ...
https://www.schaeffersresearch.com/marketcenters/optionscenter/content/goldcorp+inc+usa+gg+option+traders+anticipate+more+struggles/default.aspx?ID=115704
 

Bullboard Posts