GoGold Resources Inc GLGDF

Primary Symbol: T.GGD

Metals & Mining Silver

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.

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GoGold Resources Inc > Went short on this company

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Comment by oilisswellon Feb 22, 2024 1:47pm

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Post# 35893819

RE:Went short on this company

Mexico has not baned open pit mining, but a proposal has been put forth. Read here:

https://www.bnamericas.com/en/news/mexican-mining-chamber-claims-open-pit-ban-threatens-us39bn-investments

In all likelihood it will not pass, however perception is 9/10 of reality, until it isn't.

Good call shorting, but don't wait too long to cover!

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