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GoGold Resources Inc T.GGD

Alternate Symbol(s):  GLGDF

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.


TSX:GGD - Post by User

Post by oilisswellon Aug 12, 2022 12:25pm
402 Views
Post# 34891867

Metals holding up nicely, GGD SP up as well

Metals holding up nicely, GGD SP up as wellGreat articlwe from SeekingAlpha here:
https://seekingalpha.com/article/4533501-gogold-the-quiet-period-will-soon-be-over?mailingid=28709259&messageid=2800&serial=28709259.398&source=email_2800&utm_campaign=rta-stock-article&utm_medium=email&utm_source=seeking_alpha&utm_term=28709259.398

Of course, the author is long GGD but the article is fairly accurate. Once the summer is over GGD should start to deliver frequent drill results. They are over 20,000 m behind already and continuing to drill!! As the resource increases, and if Brad has been successful in obtaining more claims, the SP should copntinue to move upwards towards a more realistic valuation. We are already up considerably from the July lows, where many capitulated and sold. Volume has been very low however, so the move up wasn't all that slow. GLTA in the coming months!


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