Golconda Gold (GG.V/GGGOF): A Profitable Gold Producer Focused on Increasing Prod. & Not Diluting
Description
Ian Cassel has a conversation with CEO Ravi Sood of Golconda Gold (GG.V / GGGOF). This MicroCap Business Breakdowns discussion took place live on September 9, 2025, on the MicroCapClub Community. https://microcapclub.com/join-now/
Golconda Gold is a profitable unhedged gold producer with assets in South Africa (Galaxy Mine) and New Mexico USA (Summit Mine) that expects to triple gold production over the next three years. Insiders own 40%+ and expect no further dilution. Golconda is currently a $80 million USD market cap. At $3000 per ounce gold, management $10 million USD in EBITDA in 2025, ramping to 25 million USD EBITDA in 2026. By 2028 the company estimates they will be doing close to $50 million USD in EBITDA with strategic plans for capital allocation in dividends and buybacks. https://www.golcondagold.com
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