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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 danno15058on Jan 24, 2005 4:54pm
165 Views
Post# 8480025

RE: WRM/GLG

RE: WRM/GLGYou must not have received the latest prospectus from G. They recommend shareholders vote in favour of the WRM deal. As for placing one's trust in mgmt, well, keep in mind that they have a big axe to grind, more so than the few shares retailers like us might have. I'm not saying that this makes the deal bad in itself, just that we need to be aware of this as a motivating factor behind any deal. www.tenantreference.ca
Bullboard Posts