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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 austrochrison Jun 28, 2021 6:15am
259 Views
Post# 33458576

huge gold and silver growth story next years !

huge gold and silver growth story next years !Current goldproduction 30000  ounces of gold in botswana
Future gold production in southafrica over 4000 ounces of gold with very low all in all costs .
Future gold and silver production in new mexico  with 30 000 punces of goldequivalent with 
all in all costs under 600 Dollar. 

A 100 000 goldeqivalent production in 36 months !  ( with further upside )
200 % productionincrease . Stay long . Galane is a buy ! 
Gold will not stay under 2000 Dollar and silver under 30 Dollar ! 
The last crash in gold and silver is competly overdone . The ratio between debt and interest rate  will allow the FED to increase interest rate just cosmetic . Cheers !
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