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 > Opportunity Knocks

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Comment by sosgood1on May 17, 2023 1:18pm

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Post# 35452797

RE:RE:Opportunity Knocks

The problem as I see it is that this LRN PEA sizes the deposit at 110 million ounces. Wheras the initial resource estimate was for 87.8 million indicated and 73.2 million inferred = 161 million ounces (see last paragraph).

And the PEA also describes LRN as completely open pit which is much harder if not impossible to receive permits for in Mexico right now.

But I too am adding to my position today because I am betting on the updated LRS PEA which will include the lucrative Eagle concession and which is described as an underground mine,"which we see as a high grade bulk underground mine targeted to be our first deposit advanced to production."

And Brad is on record as saying that it will be out by the end of next month, that's less than 6 weeks.

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This junior mining stock offers billions in market exposure