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.

TSX:GGD - Post by User

GoGold Resources Inc > Went short on this company

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Comment by oilisswellon Feb 22, 2024 1:47pm

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Post# 35893819

RE:Went short on this company

Mexico has not baned open pit mining, but a proposal has been put forth. Read here:

https://www.bnamericas.com/en/news/mexican-mining-chamber-claims-open-pit-ban-threatens-us39bn-investments

In all likelihood it will not pass, however perception is 9/10 of reality, until it isn't.

Good call shorting, but don't wait too long to cover!

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