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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 Aug 02, 2023 4:25pm
286 Views
Post# 35569825

GGD $1.36 ?????

GGD $1.36 ?????Wow, just wow. Gold well over 1900, silver still close to 24, and people dumping GGD like it was bankrupt! No question the delay to get the LRS PEA out in a timely manner is spooking certain traders and affecting the SP, but $1.36 is pathetic in light of the size of their deposit and the enormous potential. Not all that long ago investors lined up and paid $2.85.

Capitulation is at its strongest just before a rapid rise in price. Stronger volume today certainly indicates that as treaders bail, at these prices investors happily wade in. Come on Brad, give us the news already and get the SP where it should be!

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