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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

Comment by str8cndianon Jun 18, 2015 11:40am
106 Views
Post# 23844177

RE:RE:shorts!

RE:RE:shorts!never mind the american people,,  what about the canadians..  let down is a mild understatement,,  especially ontarions..    the venture has had 75% of the capital yanked out of it,, slowly and painfully overr a 5 yr period,,  its crashed!!  do you really think they care about investor confidence?  or is it a matter of total mismanegement by the politicians and a failure to create a viable business economy.  i think the latter is the case.. and dont forget goldcorp large holding are n ontario.  high labour costs , highest energy costs and high taxes are not business friendly policies.
my friends who work there say they cant get any work done cause ontario government is up their arsses over smoking laws they created..  lol,,  Is that crazy or what?
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