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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

Comment by oilisswellon Apr 04, 2024 4:20pm
104 Views
Post# 35971272

RE:Shorts

RE:ShortsIf you invest in the stock market, you are a gambler. But if you invest in futures, puts, calls, shorting, etc., you are a serious gambler! Personally I have never shorted since you can lose a lot of money, far more than you gambled! At least when you own the share, you can't lose any more. So I if shorters get burnt, good for the rest of us!

The past couple of days have been good for GGD, after considerable struggle. The volume is up, helping puish the SP higher. However, there are a lot of traders playing GGD and are happy to take profits anyday rather than hold. If we get more days like this ahead, there should be less traders and more investors, potentially keeping the SP at higher levels. Of course, it is possible some news has leaked, permits maybe? GLTA

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