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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

Post by oilisswellon May 13, 2021 5:48pm
345 Views
Post# 33197315

2.32 close on 2 million shares

2.32 close on 2 million shares2 solid days of decline. As stated, it must be the financials that has some people running scared and giving up on GGD. With the drilling going on, and the cash raised and on hand for bringing on LRS, GGD is likely going to move higher when the dust settles. There is too much going on, inluding the latest financing at 2.50, that has big investors interested. Brad has previously stated that as the comppany matures, it has been his experience that small investors leave in search of quicker returns while large investors come in and make the real money. It looks like we are starting to see this take place. GLTA
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