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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 > Another green day on the market today
View:
Post by oilisswell on Apr 13, 2022 1:05pm

Another green day on the market today

GGD starts out well, but will it hold the gains? Looks like another day where sellers come out in drovres to push the SP down again. We need volume to keep upward momentum or the SP will be pushed lower by the sellers outnumbering the buyers.

Metal prices are firm with gold welll over 1900 and silver well over 25. I am a bit surprised we didn't get any drill results today. It is now 3 weeks without results. With a drill program of 100,000 m in the North, and ??m in the South, the Los Ricos district should show a dramatic increase in resources over the course of 2022/2023. In the meantime, traders can make some monety while investors slowly accumulate for greater returns. GLTA holding and buying.


2
  Level ll Quote
  Bid   Ask
  Price   Total Size   # of Orders   Price   Total Size   # of Orders
$3.15 1000 5 $3.16 6500 11
$3.14 2700 8 $3.17 10800 14
$3.13 7300 10 $3.18 3900 9
$3.12 10900 9 $3.19 12000 8
$3.11 7000 2 $3.20 27400 8
$3.10 200 1 $3.21 50300 3
$3.09 300 2 $3.22 200 1
$3.08 100 1 $3.23 700 2
$3.07 100 1 $3.24 1000 4
$3.06 200 1 $3.25 1200  
Last: 3.16   Change: 0.17   Volume: 408,311   Last Trade: 12:52
Comment by tsoprano24 on Apr 14, 2022 9:10am
Maybe someone is preparing an offer and wants the drill results held back. Would also explain the big whack we took knocking us down. If someone is buying, they don't want the dirty masses pushing this up towards old highs on good drill results. Something to chew on. GLTAL T
Comment by oilisswell on Apr 14, 2022 1:30pm
That is very possible. In Brad's latest interview, posted by someone else here (https://www.bnamericas.com/en/interviews/gogold-plotting-path-to-mid-tier-status-at-los-ricos) he had this to say (small excerpt): BNamericas: Are you considering scenarios in which ore from Los Ricos North and South could be processed at the same plant? Langille: One thing is Los Ricos North is a bit ...more  
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