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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 Nov 07, 2023 2:36pm
249 Views
Post# 35722055

Usual pattern, silver falls, GGD falls more

Usual pattern, silver falls, GGD falls moreSo far volume today is well above average, keeping the SP from falling further as some traders exit, and some enter. Will we get some news tomorrow? Perhaps some drilling results?

 It will likely be a few months before permits are sorted and construction of LRS can begin. In the meantime continued drilling should add to the mineral resource, further increasing value. Brad's target of 500 million eq oz is coming into focus. Maybe that will be the catalyst for someone to take GGD out! Or at least propel the SP upwards.

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