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.

TSX:GGD - Post by User

GoGold Resources Inc

Bullboard Posts

Comment by InvestLargeCon Feb 14, 2018 10:29am

100 Views

Post# 27557258

RE:Disappointing Results

You choose to ignore the facts:

"Cash costs in the current quarter were $11.69 per silver equivalent ounce, costs have increased due to the reprocessing of tailings which will be completed in the quarter ending March 31, 2018, after which costs are expected to decrease."

ALL metrics have been improved except the cash costs, and there is a valid explanation about this.

Again, if you are so dissapointed this time also, I wonder why you are still here. There are many indebted overpriced explorers out there without any production and with a P/BV far above 1 to buy.

Bullboard Posts

AI companies to invest in