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Bullboard - Stock Discussion Forum Golconda Gold Ltd 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... see more

TSXV:GG - Post Discussion

Golconda Gold Ltd > Zero Interest @ 1880 Gold
View:
Post by Highwired7 on Nov 18, 2020 10:29am

Zero Interest @ 1880 Gold

The manipulators, media and TPTB have absolutely destroyed investor sentiment in Gold miners as a hedge in the last 8 years.
Comment by bailey2 on Nov 18, 2020 12:02pm
Correct, but the way to possibly view the situation presently is at 1880 gold, these miners are going to be producing very good results if they execute properly. This will increase share price in itself. If the market turns on gold at some point and people view miners as a hedge, these profitable miners will increase in price exponentially. glta
Comment by Highwired7 on Nov 18, 2020 12:11pm
My major concern is that TPTB fraudulently slam gold back under 1500 like they always, always do, and we miss this gold bull run.
Comment by ardbegoil on Nov 18, 2020 1:43pm
The reason we are here at Galane is not only that Galane is producing more gold and has the ability to produce even more but also that control of the gold market will be eventually lost and the real value is attained....Presently with countries printing money out of thin air and propping up banks with huge derivative losses on their books the marketplace is massively distorted and only exists to ...more  
Comment by Highwired7 on Nov 18, 2020 2:43pm
I am in total agreement, but when the market crashes again, which it will, just like in March, it will take gold and gold stocks with it and it may not recover next time...March was hell, and miners never really recovered much above the pre-March levels as they should have. It would be nice to get out ahead of time with some well deserved gains, instead of once again being a gold stock bag holder ...more  
Comment by ardbegoil on Nov 18, 2020 6:23pm
I guess every time everyone says it will be different this time it probably is at least once or twice per lifetime.....Mid November  to March is the normal high time for gold...but....I am hoping it will extend further this time and I will be watching very closely ....Lets hope it goes into record territory in the next 2 months which is possible and Galane as well....best to all
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