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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 nambuon Aug 26, 2005 10:58am
327 Views
Post# 9466753

PDG, Red Lake etc...

PDG, Red Lake etc...All the supposition of a Placer joint venture or an outright asset purchase on G's part might make sense - after all Red Lake (and Campbell - grin) would mean record production for G - but do we risk overpaying to have working assets? Unless there is a South American wildcard we haven't factored in, or another explorer in Red Lake like Wolfden Resources with Bonanza and Follansbee (the Sabina JV) that has magic beans... PDG will likely be in the news with G soon. Don't flame me too hard for mentioning it - but what about a PDG and G merger? Might be the only way to finally unwind PDG's hedge book!
Bullboard Posts