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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

Post by ardbegoilon Jan 20, 2021 6:23pm
195 Views
Post# 32340674

If Galanes' mines were in Ontario or Quebec...

If Galanes' mines were in Ontario or Quebec...We would be trading for $10 just based on ounces and infrastructure....The thing is China would probably buy Galane up in spite of Africa and that may become a possibility after more ounces are added to production  and discovered....Galane is under accumulation now and hopefully its a bidder.....best to all
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