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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
Post by Antitheticalon Jan 11, 2017 10:02am
87 Views
Post# 25693277

Time to Come Clean!

Time to Come Clean!Shareholders are again being treated like mushrooms by management. i.e. kept in the dark and fed on excrement.

Apparently everybody on the street in Joburg knows that the Agnes Mine has been mothballed. Yes, folks, before its even started. And why? Because recoveries were coming in at 17% despite all the tweakings. That is 17%, not a 71% transposed.

Management seem to think they can leave us all in the dark on this until the March MDA hits SEDAR in mid-May. You heard it here. Let them come out and deny it. 


Bullboard Posts