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

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Comment by Wvdmmeon Oct 20, 2020 5:25am

141 Views

Post# 31746711

RE:RE:this stock sold off again

Many PM stocks sold off today. If majors like Barrick & Newmont go -2% and mid/smaller producing miners like KL & EQX go -3%, then -6% on a junior is perfectly normal.

We are on the same level of 5 trading days ago but we are also 5% higher then 10 trading days ago.

My conclusion: this stock did not sell off. You are investing in PM juniors. Volatility will always be a part of junior PM investing. If you do not like it or if you can't stomach 10% drops, do not invest in junior PM companies.

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