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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.


TSXV:GG - Post by User

Golconda Gold Ltd > Summit mine NPV 66 million USD - Time for a restart?
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Comment by bailey2on Feb 16, 2023 7:25am
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Post# 35289186

RE:RE:Summit mine NPV 66 million USD - Time for a restart?

RE:RE:Summit mine NPV 66 million USD - Time for a restart?LOL, still trading at about just over 7 cents before apparent neccessary consolidation of shares. When a CEO uses the word "hopefully" in any sentence, you know the company is in trouble......and it starts at the top. Go on sedar and take a look at their wages for this brutal management group......How about they announce that they will not take a wage and pin their financial renumberation on options that are priced significantly higher than the present price , lets say, at a dollar. Do I have any seconders? It's time for a restart of the company. Sell it .....
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