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GoGold Resources Inc T.GGD

Alternate Symbol(s):  GLGDF

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

Bullboard Posts
Comment by InvestLargeCon Jun 07, 2018 10:00am
184 Views
Post# 28138756

RE:GGD, not a gambler's game, but an investor's

RE:GGD, not a gambler's game, but an investor's

This was one of my first post in GGD board. The stock traded then at 0.32. Some heavy selling caused that (as proved later) opportunity.

DONT ignore the metrics, the data, the facts. I don't, so today I will buy back the shares I sold above 0.48 and MORE.

This is another buy opportunity!


InvestLargeC wrote:

A gambler would prefer a "GGD" with a market cap of 300 million which drills for the last 5-10 years with very "promising" results and he is willing to wait a few years more until the company justifies the current sp and maybe even a higher one. Now it is blatantly overpriced, but the hopes, the big money theories, the speculation, the sentiment, prevail. 

An investor prefers a GGD currently undervalued by EVERY metric at a 60 million market cap, with 14 million cash to fund an acquisition etc, INCREASING production, no debt, which has recently released good news and it is in a much better shape than six months ago. 

That's all.



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