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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 > Offer should be rejected
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Comment by grape562000on Mar 05, 2019 12:15pm
88 Views
Post# 29444070

RE:RE:RE:RE:RE:Offer should be rejected

RE:RE:RE:RE:RE:Offer should be rejectedIt is true that GG has great assets - a lot of hidden gems like investments in Triumph Gold (check them out).

NEM and GG want to merge and they will be a powerhouse.

I never liked ABX and despite Rangold's financial discipline, I do not like their assets.

I do like that NEM will continue to JV with Barrick though. It is just good business to do so.
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