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

Bullboard Posts

Comment by wavepsycheon Apr 26, 2013 11:46am

112 Views

Post# 21305914

RE: RE: $1458 to $1475

COMEX pricing may now be irrelevant given the vanishing physical (e.g., JPM vault)

The Spot Price of Precious Metals Is Becoming Irrelevant
https://www.peakprosperity.com/podcast/81653/spot-price-precious-metals-becoming-irrelevant

As far as miners, investors are now in 'show me' mode. All the downgrades seem to be assuming a 1450-1550 range and will want to see their margins.

jmho glta

Bullboard Posts

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