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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

Post by oilisswellon Sep 25, 2023 3:44pm
216 Views
Post# 35653062

Capitulation at work

Capitulation at workIt is always difficult to understand why anyone would sell at the lows, but................everyone has their own reasons. That being said, some are getting shares at rock bottom prices! Gold is still above 1900, silver is above 23, and GGD is trading like gold is 1600 and silver 18.

If I wasn't already flush, I would certainly be adding more. Present NPV of over $3 US/share should translate to a much higher current share price. Considering that LRS and LRN are only partially explored the mineral resource is bound to go a lot higher. It is only a matter of time.........GLTA

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