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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 blade86caon Jul 21, 2015 1:20am
95 Views
Post# 23943551

RE:RE:RE:RE:we don't cry and ask for government assistance

RE:RE:RE:RE:we don't cry and ask for government assistance
Right , because every analyst , article , press release says the rate increase will happen , that means it will happen right lol , just like mid 2014 I remember every talking head out there was saying rates were gonna rise and then what a "shock" it didn't happen Lol
You talk about markets pricing in a rate increase Maybe you should take a look at 10 year US bond yields they are near 7 year lows , bonds guys are generally much smarter than equity guys and they clearly don't see a rate increase otherwise those rates should be near their highs or atleast near their 52 week highs.
Labour participation rate is very important as that is direct correlation with unemployment rate , they are basing that number on only a participation rate of 60% , If that number was higher say 70 to 80% then yes I can believe a rate rise much better, participation rate does not count people over age of 65 fyi ,
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