Last C$0.03 CAD
Change Today 0.00 / 0.00%
Volume 0.0
GA On Other Exchanges
Symbol
Exchange
Venture
OTC US
As of 9:30 AM 07/10/14 All times are local (Market data is delayed by at least 15 minutes).

golconda resources (GA) Snapshot

Open
C$0.03
Previous Close
C$0.03
Day High
C$0.03
Day Low
C$0.03
52 Week High
11/12/13 - C$0.08
52 Week Low
06/26/14 - C$0.03
Market Cap
4.0M
Average Volume 10 Days
18.4K
EPS TTM
--
Shares Outstanding
133.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for GOLCONDA RESOURCES (GA)

Related News

No related news articles were found.

golconda resources (GA) Related Businessweek News

No Related Businessweek News Found

golconda resources (GA) Details

Golconda Resources Ltd. engages in the acquisition, exploration, and development of mineral properties primarily in the United States. It primarily explores for gold ores. The company, through its subsidiary, Lyncorp Drilling Services Inc., also provides diamond core drilling services to the mining industry in western and northern Canada and the United States. Golconda Resources Ltd. is headquartered in Calgary, Canada.

golconda resources (GA) Top Compensated Officers

Acting Chief Executive Officer and President
Total Annual Compensation: C$150.0K
Chief Financial Officer
Total Annual Compensation: C$22.6K
Compensation as of Fiscal Year 2012.

golconda resources (GA) Key Developments

Golconda Resources Ltd. Update Operations of the Cold Lake First Nations Joint Venture

Golconda Resources Ltd. provided update in respect of the operations of the Cold Lake First Nations Joint Venture. The Joint Venture has drilled and completed the next three wells of the ten well program at Cold Lake. The 11-30 and 12-31 wells, being the first two wells of the program, were completed in 2013. The three new wells are on production test in three separate pay intervals in the Lower Grand Rapids formation, with results analogous to producing wells in the immediate area. The 11-30 well is back on production and is currently producing 10-15 barrels (5-7.5 net) of oil per day with a sand cut of approximately 2.5 to 4 barrels per day. The 12-31 well is currently producing approximately 54 barrels (27 net) of oil per day with a sand cut of approximately 22 barrels per day. Production results are based on field estimates. Both wells continue to clean up. The Joint Venture anticipates construction and drilling of a minimum of two and up to five additional wells of the ten well program later this summer.

Golconda Resources Ltd. Auditor Raises 'Going Concern' Doubt

Golconda Resources Ltd. filed its Annual on Apr 30, 2014 for the period ending Dec 31, 2013. In this report its auditor, KPMG LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Golconda Resources Ltd. Provides Update in Respect of the Operations of the Cold Lake First Nations Joint Venture

Golconda Resources Ltd. to provide the update in respect of the operations of the Cold Lake First Nations Joint Venture. Well licences have been issued for the next three wells of the ten well program that the Joint Venture will drill on Cold Lake First Nation lands. A drilling rig has been contracted for these three wells and drilling of the first well is planned to begin during the week of January 20, 2014 following the construction of the well site. The Joint Venture plans to have all three wells drilled by mid-February. The 12-31 well continues to produce approximately 65 barrels (16 net) of oil per day with a sand cut of approximately 19 barrels per day. The sand content is expected to continue to decrease over time as the well cleans up. Sales of produced oil, as first announced on October 16, 2013, continue in the normal course of operations. The 11-30 well is shut in at present pending further evaluations due to limited and inconsistent production rates. The Joint Venture is currently evaluating work-over options for the 11-30 well but will defer further operations until following the completion of the next three wells.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
GA:CN C$0.03 CAD 0.00

GA Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for GA.
View Industry Companies
 

Industry Analysis

GA

Industry Average

Valuation GA Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 25.2x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact GOLCONDA RESOURCES, please visit www.golcondaresources.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.