GoGold Resources Inc T.GGD

Alternate Symbol(s): GLGDF

Metals & Mining Silver

GoGold Resources Inc. is a Canada-based silver and gold producer. The principal business of the Company is the exploration, development, and production of silver, gold and copper primarily in Mexico. It is focused on operating, developing, exploring and acquiring projects in Mexico. The Company’s properties include Los Ricos and Parral tailings. The Los Ricos property is situated in Jalisco state, Mexico. The property is comprised of over 42 concessions, covering over 22,000 hectares (ha). The property is located approximately 100 kilometers (kms) northwest of the city of Gaudalajara. The property is split into two projects, the Los Ricos South project and the Los Ricos North project, which are approximately 25km apart. The Parral tailings Project is within the town limits of Hidalgo del Parral, in the State of Chihuahua, Mexico, which covers approximately 141 ha.

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GoGold Resources Inc

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Post by oilisswellon Mar 14, 2022 4:10pm

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Post# 34512938

Miners take it on the chin

Once again, metals down, miners down more! Gold down 1.4%, silver down 3.4%, and GGD down 7.7%.

Can't lose sight of the fact that gold is $1958/oz while silver is $25.28/oz. Not that bad really! However, market volatility favors traders.

I am looking forward to regular drilling results, possibly starting this Wednesday. It has been some time so there should be quite a few resuts upcoming. Since they now have loads of cash, there shouldn't be any financings in the near future, and likely not until 2023 when GGD moves on LRS.

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