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Golconda Gold Ltd 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

Bullboard Posts
Comment by bullcharton Jul 04, 2016 5:00pm
144 Views
Post# 25021020

RE:Gold prices will hit record high in next 18 months CNBC

RE:Gold prices will hit record high in next 18 months CNBCNext real resistance $1,450 to $1,475. As silver moves into the $21 area, we are near the 2014 gold silver ratio. A lot of the big players such as Barrick Gold Corp along with some of the big Silver's have already had their two to three hundred percent gain. The little players are starting to get noticed and we could easily see a run up to the 1020 area for the Vancouver Exchange. If this happens a lot of these small ones will move three to five times their value. Beaten down copper is also starting to move along with the commodities. First quantum and Hubay still have a ways to go.
Bullboard Posts