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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

Comment by oilisswellon Dec 07, 2023 3:46pm
183 Views
Post# 35773765

RE:To-day's Virtual investment presentation

RE:To-day's Virtual investment presentation 6 months would be great, but it will more likely be a year to 2 years out before the SP reflects true value. GGD is long past speculation and is in a show me the money mode. Delays with permits, and likely delays in procurement and construction typical of mines in general will certainly prolong the low share price. In the meantime, day traders can continue to trade as GGD rises and falls with the price of metals.

What is encouraging is the relatively low volume, and the cash available to begin mine equipment procurement and construction. This lack of funding requirement (albeit a marginal 50 million or so), will quickly propel GGD into profitability and push the SP much higher. Patience is required for the ultimate reward! Production is coming! A year or 2 for 100%, 200%, or likely much more is not long to wait. GLTA

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