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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 robvcon Jan 14, 2019 8:45pm
167 Views
Post# 29231007

RE:RE:Wonder if shareholders can stop this takeover now!

RE:RE:Wonder if shareholders can stop this takeover now!Well the funny part is Goldcorp would have been announcing a far better quarter then last, 2018 guidance was going to be on target (so Garafalo says) and an AISC lower than previous so yes it was getting better. I guess Newmont didn't want to pay an extra 50cents a share. A little too late for sure and greedy management wanted a big fat check from the shareholders losses.I still have a solid Job for now and thats definetly a good thing.

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