Golconda Gold Ltd 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.

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Golconda Gold Ltd > Galane Gold being accumulated

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Post by Tadon Jan 08, 2021 3:48pm

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Post# 32256291

Galane Gold being accumulated

Solid volume for the first week of 2021,

Defiinitely appears that the stock is being accumulated, investors seeing the undervaluation of the company as it begins to ramp up production at it's second mine.

Selling pressure has eased off this afternoon, no more big seller(s) left ?

With 15 minutes of trading left today, there has been almost 4 million shares change hand in the first week of the year .

Current depth as of 3:45pm :