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GoGold Resources Inc GLGDF


Primary Symbol: T.GGD

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 Sep 11, 2023 12:39pm
168 Views
Post# 35629599

RE:$1.33 Hard to believe

RE:$1.33 Hard to believe Depressing, yes, but the markets can be quite random, especially when some would rather sell their shares at a loss than wait for uplifting news. Metals have been volatile, but are still at good levels. The whole of the mining sector is beat down so even the LRS PEA may not be enough to push the SP higher. It will take interest from investors (not traders) who see the true potential and are willing to wait until LRS is in production. The last funds raised were at $2.85/share. Those investors still hold, waiting patiently for the mines to come on stream.

With some 500 million ounces of silver on tap, GGD will rise. Only question is how high will the SP go?

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