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Golconda Gold Ltd GG


Primary Symbol: 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
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Post by gegoldenboyon Mar 22, 2005 9:20pm
310 Views
Post# 8795211

Sell the Bullion Quarterly

Sell the Bullion QuarterlySelling all in the second quarter is stupid. The second quarter is seasonally the weakest for gold. Sell the gold if it makes tax sense to do so into strength, ie- the third and fourth quarters; some into next year if it makes tax sense. Use cash to purchase the newco.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities