GoGold Resources Inc T.GGD

Parral Leachate facility??

[narmac]

Question for the book and numbers guys,,if Parral was the only asset GGD had,,and it had a PE of 20 what would the GGD share price be with silver @$28?,,with 328 Million shares out.

What if silver goes to $40?

[oilisswell]

Simple math would be 1.5 million oz eq at a profit of 10$/ozeq would give 15 million profit. so 20x is about a buck a share. However, we also now have a zinc circuit which alone ia about 15 million a year profit. We go up from there! No doubt that at these levels GGD is a steal. Permits alone shoud double the SP, IMO.