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

TSXV:GG - Post Discussion

Golconda Gold Ltd > 4,5 Million Us Dollar net earning is fantastic
View:
Post by austrochris on Apr 28, 2021 9:39am

4,5 Million Us Dollar net earning is fantastic

+ galaxy ramp up and the silver and gold mine in new mexico !
Comment by Ziondog on Apr 29, 2021 10:55am
Any insights about why this dropped over 8% today after such good news?
Comment by bailey2 on Apr 29, 2021 11:17am
Some shareholders are really angry at the dilution, of shares. They figure it will be stuck in neutral for quite a while and there are better opportunites elsewhere. What is the timeline for any information regarding start-up in New Mexico, since it is the purchase of a distressed asset? Were any q1 production numbers given on the latest news release at Mupane and Galaxy?  Jan to March? Maybe ...more  
Comment by Ziondog on Apr 29, 2021 2:03pm
Thanks, Bailey2!
Comment by Tad on Apr 30, 2021 12:36pm
Bailey2, I concur.   And this little gem is in the subsequent events, the very last paragraph, of the latest MD&A. "....Debenture Conversion As of the date hereof, the Company has received notice from a debenture holder of its intention to convert $600,000 of principal amount of debentures into common shares of the Company at a price of C$0.15 per common share and based on ...more  
Golconda Gold Ltd