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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 Oct 12, 2023 4:29pm
217 Views
Post# 35681255

Near the year's lows again

Near the year's lows againWhere are these cheap shares coming from? Since we are trading at over 3 year lows, I have to believe day traders are selling at a loss and getting out, possibly for good???? Volume is quite low and the larger investors are hanging on waiting for payday. None of the institutional investors appear to be selling.

These days it doesn't take much for the markets to gyrate widely, up or down. In these times brokerage firms tend to rake in record profits at the expense of investors who use their services. We'll likelhy see hefty bonuses at year end!

GLTA holding and buying as GGD nears the end zone. True value is far more than is reflected at these levels.
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