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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 Antitheticalon May 31, 2017 3:48am
94 Views
Post# 26304424

RE:INSIDER BUYS

RE:INSIDER BUYSThe link I posted was from last October. Sorry to tell you that is eight months ago and obviously the liquidator could not get one of the four potential parties to bite (unless one of them was the perennial suckers, Galane Gold).

The mine is toxic. Why would any streamer give money to Galane to reactivate the mine with the company's poor reputation after the Galaxy failure?? You guys should ask yourself some pretty fundamental and obvious questions instead of sitting in a circle pleasuring yourselves. 
Bullboard Posts