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Golconda Gold Ltd GG


Primary Symbol: V.GG Alternate Symbol(s):  GGGOF

Metals & Mining Gold
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

Golconda Gold Ltd
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Post by xauxag9on Oct 25, 2017 12:32pm
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Post# 26856575

each US citizen is going into debt $28.12 per day

each US citizen is going into debt $28.12 per dayUS debt on Sept 8/2017 = $20 trillion. US debt on October 25/2017=$20.427 trillion. Debt added over 42 days = $427 billion. Debt added per day = $9.08 billion. US population = 323.1 billion. Debt added per day per citizen = $28.12. The asymptotic accumulation of US debt is putting a floor under gold prices. Fiat paper currency has an infinite supply while the gold and silver supply is finite. :)
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