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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
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Post by InvestLargeCon May 21, 2018 12:11am
120 Views
Post# 28059109

MXN Peso vs. USD

MXN Peso vs. USD

Some of GGD costs are paid in Mexican Peso of course, while silver price is in U.S. Dollars. 

By 1st of April until today, Peso has dropped from 1/18.2 to 1/19.9 against USD. 

This is another positive factor for Q2 results.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities