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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
Comment by TankRebel2012on Jan 26, 2020 1:15pm
52 Views
Post# 30600211

RE:RE:RE:Full year 2019 finncial results

RE:RE:RE:Full year 2019 finncial results
Treetop2 wrote:
What are we missing?  Information.
- How much gold are they producing?
- Are they making money or losing money?
- Will they ever make money on Galaxy?
Without this basic information, I don't see how you can justify your wild speculations.  I still have an open mind on GG's future profitability, but it remains to be demonstrated.



You are dumb and short seller.    They just annouced a few months ago they not cash flow positive and paid off some debt last quarter, they plan to produce between 50,000 to 60,000 oz's by the end of 2020.   

It clear as fine print i'm not on magic mushrooms.
Bullboard Posts