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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 Jun 20, 2021 3:20pm
240 Views
Post# 33418208

RE:Nice volume!

RE:Nice volume!Over 19.7 million in total! Must have been some houses crossing shares to have that kind of volume. The volume has been solid for the past 7 days or so. As Brad has stated, as a company moves into mid-tier status, the shareholders transition to investors from simple traders. This is most certainly taking place here. Traders look day to day, whereas investors look ahead 6 months to a year or more. This is where we get greater upward SP movement as fewer are willing to sell! The day to day fluctuations in the metal prices should begin to reflect a more muted share price. Being added to the GDX doesn't hurt either. Also, if Adrian Day is correct, we should soon see metals rising once again. It is very obvious that Powell/feds have no clue what is going to happen nor what to do next as they continue to pour money into the economy. But if you say that inflation is transitory enough times you start to believe it, no matter how ridiculous it sounds. Given enough time, say a year or 2, you will be able to find something else to blame for the inflation that doesn't go away. Then it will be someone else's problem.

I for one do not want to see the 80's repeated, but If it does, I will be in a beter position to profit from it, instead of funding it!
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