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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 > GG sold for peanuts
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Comment by robvcon Jan 17, 2019 10:52am
113 Views
Post# 29245351

RE:GG sold for peanuts

RE:GG sold for peanutsThis is what i said in an earlier post. The guidance was on track but the company failed to report this because the deal was done way before the annoucement. The share price would have moved up and Newmont did not agree to anymore than 10billion.THIS IS A RIP OFF PEOPLE  BUY THE CEO AND IT'S BOARD>>>>>>   VOTE NO!
Hopefully they will be SUED by big institutional investors and stop this corruption. We deserve a better deal and NEWMONT needs to up it's price for goldcorp.
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