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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
Post by PaulHenderson75on Aug 06, 2020 10:35am
335 Views
Post# 31372614

Long on GGD - a success story

Long on GGD - a success storyI bought in to GGD in 2017 at 60¢ and averaged down to 42¢ as I watched the SP drop all the way down to 19.5¢. I stayed long on GGD

I watched people chase Basher off the board even though he correctly predicted the drop.
I stayed long on GGD

I survived the quarters of bad press as GGD tested their stacking methodology.
I stayed long on GGD

The sale of SG helped to stabalize the company and clear the debt.
I stayed long on GGD

I enjoyed watching the climb before the market crash in Mar20
I stayed long on GGD

I sold half my shares when we hit 84¢ - double my book value - as was my plan all along
I stayed long on GGD

Wishing I hadn't sold my shares at a 2 bagger, but one must stick with their plan.  The news from Los Ricos South, and the initial news coming in from the Los Ricos North, plus this huge swing in Gold/Silver (that we all predicted ;)) is putting us in a great position.  We are currently aroung 150Moz equivalent and once the North results come in and we get closer to 300Moz, that's when the big boys will jump on board and make the purchase we've all been waiting for.
Staying long on GGD
Bullboard Posts