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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

Post by SandHeadson Oct 30, 2015 2:04pm
170 Views
Post# 24244364

gold will have it's day

gold will have it's day
I thought the q report was OK. Added to my position today as we are around or near the 5 year low on the chart.. if you are going to own some gold. This is the one to own imho. If it were to go lower I would be adding again. I'm in the camp were $2,000 gold is still a good possibly by 2017. A buck doesn't buy much any more. Inflation is maybe ready to show it's ugly head?
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