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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 Shylockon May 13, 2016 4:30pm
93 Views
Post# 24872029

RE:RE:RE:Falling wedge pattern

RE:RE:RE:Falling wedge pattern

I am firstly not interested in "quick profits."  This attitude is one of the many factors interfering with the normal function of what used to be an investment market.

I assure you, I know as much or more about TA as you and I tell you is useless in a strongly manipulated market, such as this.  They, the banksters, can bring you to believe whatever they want you to believe by tinkering, sometimes very deviuosly and meticulously, with these indices.  As has been said, "there are no markets any more, only manipulations."

The fact remains Goldcorpse is far from its hay days at Red Lake and there are good reasons why it now lags a revolting hedger-at-heart like Barrick.  Do NOT listen to what they say, watch how they perform.  G is not and has not performed properly for some long time now.  I see nothing on the horizon to change this, lest likely of all reading tea leaves.G

Good luck to you anyway.  I am and will remain out.
 

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