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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 pecorinaon Aug 29, 2005 5:16pm
356 Views
Post# 9478201

think big - buy all of PDG!

think big - buy all of PDG!PDG appear to have ongoing problems - most recent reduction of reserve in SA. Given that Campbell would fit nicely into G's portfolio, and with one billion financing in place, what would prevent Telfer of trying again going after the entire PDG with a current depressed capitalization of around 7 billion - identical to G's MV with their ever increasing stock price? For Telfer, take your pickings and flog off the leftovers; surely there will be takers ..just a thought and pure spec Ciao Tina
Bullboard Posts