GoGold Resources Inc T.GGD

Alternate Symbol(s): GLGDF

Metals & Mining Silver

GoGold Resources Inc. is a Canada-based silver and gold producer. The Company is principally engaged in the exploration, development, and production of silver and gold in Mexico. It is focused on operating, developing, exploring and acquiring projects in Mexico. The Company operates the Parral Tailings mine (Parral) located in the state of Chihuahua, Mexico, and the Los Ricos district exploration property (Los Ricos), which includes two projects approximately 25 kilometers apart - Los Ricos South (LRS) and Los Ricos North (LRN), which are located in the state of Jalisco, Mexico. The Parral tailings Project is within the town limits of Hidalgo del Parral, in the State of Chihuahua, Mexico, which covers approximately 141 ha. The Los Ricos property is made up of 45 concessions and covers over 25,000 hectares, which is located roughly 100 km northwest of the city of Guadalajara and is easily accessible by paved road.

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GoGold Resources Inc

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Comment by Bearmobbon Dec 23, 2017 5:12am

172 Views

Post# 27221036

RE:Q4 & 2017 Financials Review

Tnxs for the great review Mrtkr! Sounds like they used deferred taxes to go back and reprocess the 2016 stacks. Why let that old material slow you down when you can fix the issue for basically free? The AISC is inflated but still a good idea. We will see continued lift from deferred taxes next quarter.

Just a few months ago some bashers were talking about GGD going under! After all the craziness we lost only half a million in 2017. Loses are never good but 1/2 mill beats the heck out of the $20 million lost in 2016. Wasn’t the stock around $0.60 at that time? Now we have no debt and cash in the bank. There aren’t many miners out there in the same position.

Cant wait to see the next quarter results. Happy holidays all!

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