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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
Post by goldsoldaton Sep 17, 2004 2:59pm
279 Views
Post# 7934749

Re: 6 year mine life/Mason12

Re: 6 year mine life/Mason12My comment regarding a 6 year mine life was relating to a prior post commenting on a takeover of t.rmx, having nothing to do with t.pdg. I also said that a t.rmx takeover might very well take place, but it would not be because of a t.g 6 year mine life. I never addressed the issue of a t.pdg/t.g merger, which of course could happen. You are quite right that everyone is entitled to their own opinion. What I would expect is that such opinion would be based upon true fact(s). It is a fact that the t.g high grade zone is open at strike and depth and that current 6 year reserve numbers cannot reflect prospective future high grade zone increased reserve numbers. I think this approx. 1 year sideways gold price movement is making many of us testy. Best. Goldsoldat.
Bullboard Posts