Another slow day for GGDGood to see the SP of GGD recovering from Wednesday. $2.75/share was ridiculous, but still some chose to dump, no doubt regrettably!
Volumes remain low. Once the interest picks up, the SP will have room to move much higher. Metal prices holding firm, war is ongoing, inflation is soaring, commodities will surely follow.
While GGD continues to prove up additional resources, the value also rises. Potential buyers following GGD will have to pay for the resource, or GGD will produce it themselves. Either way the SP will move higher. 2022/2023 is pivotal for GGD to unlock true value. How much is 500 million ounces of silver equivalent in the ground worth? Or 7 million ounces of gold equivalent?