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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

Comment by TankRebel2012on Jan 15, 2021 7:27pm
156 Views
Post# 32311959

RE:RE:RE:RE:RE:RE:RE:Galane Gold being accumulated

RE:RE:RE:RE:RE:RE:RE:Galane Gold being accumulated
duderguy72 wrote:

I think maybe .50/.60 but not sure about the 1.40. We need a big leap up but not sure what catalysts could bring it.

This one seems like couple steps forward quickly followed by a long creep back. 

Hope I'm wrong!!!!




With Zero Debt and cost per oz down to 750 .... producing 40-50k yearly. Very possible with Up-listing on the USA exchange and Div quartlery payouts.     100% can happen which if gold rebounds back over 2,100 oz BINGO.
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