Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 bailey2on Oct 10, 2022 8:51am
1160 Views
Post# 35015512

Dump it and buy

Dump it and buyMineworx. Cashed up and you get a special dividend in Newco shares. 

Sold most my Galane holdings, as management sucks, and is not transparent, and no apparent plan other than a share consolidation to screw shareholders......

  Shareholders of Galane should  sell and buy Mineworx mwx.v   at 4 cents.  They have 5.1 million in cash, a promising diesel cataytic converter recycling business, and an added bonus is you get free shares of a spin out NEWCO called Iron Bull minng which is going to be publicly listed very soon. For more information check out the aritcle posted on the mwx board. Iron Bull is a copper play, with an overlay of the Cehegin Iron Ore play in Spain that has been bought for 20 million (newco shares from Mineworx.) Galane could  good in the future, but share consolidation is a death knell for shareholders roi. but Mineworx and Iron Bull are happening now. Check it out. There is very little wait. The recycling of diesel catalytic converters has been validated with a pilot plant and commercial production is targeted for the start of january 2023 or sooner. The record date for spin-out with newco shares for Mineworx shareholders should be announced very soon...... 

Take a look, all for 4 cents........buy low, sell high?  glta
<< Previous
Bullboard Posts
Next >>