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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 28, 2023 6:35pm
306 Views
Post# 35660517

RE:Anyone know

RE:Anyone knowI do no tbelieve there is. GGD will need all the cash on hand and then some to get LRS into production. There will be plenty of cash later on! Most miners have taken it on the chin. The big fish will soon swallow the minnows and make lots of money towards year end. It is the way the market works. The rich get richer and the poor get poorer. Company shares trade randomly, but commodities are predictable. The big traders only deal in commodities and do not bother trying to undrstand the fickle nature of shares. GGD will not stay at these levels for long. Day traders will get tired losing money, and investors will see the true value. As we get closer to production institutional investors will want more shares. The SP of Junior miners can jump as fast, even faster as they fell. All it takes is a change in sentiment. GGD is delivering....................

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