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Bullboard - Stock Discussion Forum 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... see more

TSX:GGD - Post Discussion

GoGold Resources Inc > this stock sold off again
View:
Post by goldstd69 on Oct 19, 2020 3:02pm

this stock sold off again

lots of weak holders...and traders...not that many long term believers....you have to trade...I wonder if the weak miners are projecting lower gold prices....hmmmm
Comment by mjh9413 on Oct 20, 2020 1:54am
I remain long but only because I bought in early. I find it hard to determine the value going forward. The hiccup from the covid stop at Parral seems to be taking a long time to make up on the leaching pad given the volumes for the Sep qtr versus pre-stop period. Still,  they have, by my calculation, got closer to US20.50 for silver latest qtr, (still don't see how the price realised ...more  
Comment by Wvdmme on Oct 20, 2020 5:25am
Many PM stocks sold off today. If majors like Barrick & Newmont go -2% and mid/smaller producing miners like KL & EQX go -3%, then -6% on a junior is perfectly normal. We are on the same level of 5 trading days ago but we are also 5% higher then 10 trading days ago.  My conclusion: this stock did not sell off. You are investing in PM juniors. Volatility will always be a part of ...more  
Comment by Wantonfuey on Oct 20, 2020 8:52am
so the stocks that are PMs that did not sell off yesterday are what then??  your logic is flawed and there is no 'conclusion' to be drawn by you or the guy saying it 'sold off'--neither of you are correct and your 'advice' is just you acting like a passive/agressive douche.  
Comment by Wvdmme on Oct 20, 2020 3:23pm
What I said was: if you invest in PM/resource juniors, be aware that you will always have volatility, much more compared to multibillion proven corporates. It comes with the turf. Its as normal as waves on the ocean. It was not advice. If you wanted advice, I'd give the following: don't go calling people douche if you don't know them and certainly not based on a single post. It's ...more  
Comment by narmac on Oct 21, 2020 7:15am
Wvd,,,,,,,,,accchhhhhh,,,readers know who the douche bag is,,,,,not to get alarmed,,,,no wonder he has such a disposition,,,,,,he's got a face on him like a horse eating thistles,,,,, :o)
Comment by Wantonfuey on Oct 26, 2020 9:40am
Gogold says they are fully funded until they go back for more cash...done this twice in just a few months.  seems like Brad forgot that retail isn't at the same pps that he benefits from.  Back to June pps?
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