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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 Hedberg77on Aug 13, 2020 4:10pm
226 Views
Post# 31405302

RE:Crux Investor Interview

RE:Crux Investor Interview Of course there are other investment opportunities out there but there seems to be nothing quite like GGD at the moment - low entry point for investors, profitable producing company, ongoing silver (not so much gold as the name might indicate) exploration yielding very promising results.

Telling interview with Brad with a few highlights:
-Getting numbers they've been expecting at Los Ricos South, "bulk mineable" 60 million plus oz.  Los Ricos South more like one vain 10m-45m wide
-Shooting for end of year for PEA (preliminary economic assessment) though Brad hedged a bit on this as he seems to want Los Ricos North drill results added, which would then delay the release of the PEA
-Los Ricos North more of a region many (approaching 50) targets.  That said, these need to be drilled but Brad and team really excited.  6KM strike length with initial good gold samples (e.g. 30m with over 700g of silver).j  One contracter there now, a second coming, looking to have 8 drill rigs there in the next couple of months.
-May be best thing he's had in his career
-Matthew Gordon excellent job with interview, effectively probing Brad when needed
Bullboard Posts