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Golconda Gold Ltd GG


Primary Symbol: 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

Bullboard Posts
Comment by Wellandon Jan 29, 2004 11:48am
218 Views
Post# 6972026

RE: OIL FOR GOLD BY ALEX WALLENWEIN

RE: OIL FOR GOLD BY ALEX WALLENWEIN@Naamkat Your comments are true if you look in the rear-window. To be a successful investors you have to be able to anticipate future events. Like the Roman Empire, the USA will soon be going down the tube. The reasons for this are: The large number of IOU that the USA has issued to foreigners in the form of their fiat currency will make them dependant on their bankers. Since the US authorities are doing nothing to protect the US$, the Japanese and Chinese who are holding the bag will soon decide to put their money elsewhere. When this happens, the US$ will tank and all the poor retire will be wiped out. The French Revolution will look pale to the angers of the newly poor Americans who will use the freedom to hold arms to good use. (ie: Millionnaire Hunting) After the USA becomes another Argentina, they have no more printing press to pay for their military ambition, their budget will shrink to the same level as the Russian. After the removal of these overseas base, all third world countries will start demanding to be paid in a real currency (ie: gold and silver) for their natural and human resources. The free lunch that the US has been receiving for the past 30 years will have to be paid.
Bullboard Posts