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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
Post by fatman2442on Oct 21, 2019 9:40am
152 Views
Post# 30250614

obvious that interest is tied to gold price

obvious that interest is tied to gold pricefor existing holders and new ones - when gold is done or sideways the volume is low, when it kicks up - there is more interst - that is because everyone is 'waiting'.  It's obvious this company is in a great position, even with today's gold price and every significant jump in price = millions of extra revenue for the co.  Low market cap relative to what they can produce and are clearly going to produce.  In the jr. mining space, I can't think of a better company to invest in...there are pleanty of exploration company's with absolutely nothing to show and have way higher MC's.  Galane IMO is a relatively safe bet assuming gold prices maintain, and if gold goes up significatnly this turns into more of a home run.

The hater on here is a total moron btw lol
Bullboard Posts