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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 silber1975on Feb 10, 2019 2:59am
69 Views
Post# 29343255

RE:RE:RE:RE:RE:GGD: Production Growth Continues This Q And Profits

RE:RE:RE:RE:RE:GGD: Production Growth Continues This Q And ProfitsYes, we are up in AISC and in my point of view it will go down again as soon as last years trial second lift experiment is totally behind us. This might be already this quarter. I hope so.

So let's stay tuned here and look forward until May, when the next numbers come out. We have 10 millions of cash and still can go on like this for 3 more quarters until we burned it all. If then we still are burning heaps of cash, I will be out and sell all my stocks of GGD.

But until then I give them time to manage it. Remember we walk on a totally new technique for mexico, as far as I know.

Bullboard Posts