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.

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Golconda Gold Ltd

Bullboard Posts

Comment by TRRGon Sep 16, 2013 8:16pm

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Post# 21744336

RE:RE:Gold falling to critical support levels !

New lows around 1050-1100$ should be reached most probably in the first week of
dec.2013. It will provide great entry point for investors.
Lows(of 2008) on HUI index will be tested agains, if 1280 $ level wont hold,
I would consider selling all PMs stocks and go short(DUST, HGD.TO).
Selling early in the move will prevent you selling later in panic mode.
Gold bull market is not done, we just have to be patient !!

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