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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

Comment by oilisswellon May 13, 2021 12:37pm
215 Views
Post# 33192283

RE:RE:Metals down a little, GGD down a lot

RE:RE:Metals down a little, GGD down a lot
You are probably correct. Certainly anyone buying into GGD recently would have had higher expectations and may be selling into the news and moving on. Gives the institutions an opportunity to buy more cheap shares, given that the last round was $2.50/share.

Unfortunately or fortunately for me, I am fully loaded and am not accumulating. I already own plenty at far less. Patiently waiting for 5 - 10 before deciding when to sell. News on LRN in September/October should push the SP over 3. I am guessing commencement of LRS construction/production should push SP over 5 and LRN could get the SP over 10. All IMHO of course!
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