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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 > Galaxy has arrived....NEWS......
View:
Post by ardbegoil on Feb 26, 2021 7:51am

Galaxy has arrived....NEWS......

Incredible news finally....This will move Galane into the big leagues.....best to all
Comment by Tad on Feb 26, 2021 8:46am
arbegoil Great new indeed !! Galane Gold Ltd. Is Pleased to Announce That It Has Reached the Galaxy Ore Body TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) -- Galane Gold Ltd. (“Galane Gold” or the “Company”) (TSX-V: GG; OTCQB: GGGOF) is pleased to announce that it has completed a new 2.2 kilometer adit and has accessed the Galaxy ore body at its Galaxy property (the “Mine”, or “Galaxy”) in South ...more  
Comment by merlin991 on Feb 26, 2021 8:47am
an important milestone but where's the production... But nevertheless good job.
Comment by duderguy72 on Feb 26, 2021 10:31am
Production must be average, or lower, with this type of release on a Friday. Although I'm hoping I'm wrong and we hear more good news soon.... Gold price drop won't help as well.....
Comment by merlin991 on Feb 26, 2021 5:54pm
Duder there you have it. GG wants to stem the SP decline and so this is a useful bit of news.  But where is the beef? We want to see Galaxy producing 3koz a month at a minimum. That is the news that is needed. Great that the adit is completed. Now give us the beef..... 
Comment by ardbegoil on Mar 02, 2021 7:15am
Galane has announced previously that their real goal at Galaxy is not just a mere 3000 oz per month but actually almost 8,000 oz per month plus....With Galanes' latest findings at Galaxy I think the plus is now a possibility and a decent mine life to boot....Gold will be getting back into gear soon.....best to all
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