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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 > great outlook for galane gold - price target 1,65 cad !
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Post by austrochris on Apr 29, 2021 2:24pm

great outlook for galane gold - price target 1,65 cad !

With all three mines in production galane will make 100 Million US Dollar free cash flow ( current gold - silver price ) / year . 360 Million shares - about 33 canddollarcent / share - cashflow - conservative shareprice 1,65 cad ( 4x cashflow )- normal shareprice 2,6 Dollar ( 8xcashflow ) / share .

( own research )
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Golconda Gold Ltd