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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 sosgood1on Jun 05, 2024 4:06pm
163 Views
Post# 36073879

RE:RE:RE:RE:RE:New Govt.

RE:RE:RE:RE:RE:New Govt.The first half (15 min) is all about the permit. Brad does a good job of assuring that no matter who wins the Jun 2 election, it will be better than the existing government in terms of being favorable to mining. It is too bad that he kept referring to a Galvez possible victory and that she would be better even better for mining than Sheinbaum. At the time the polls showed Sheinbaum leading by 20 points. Two days later she won by 30 points.

On the positive side he builds up to 15-17M ounces a year which would compare us to Hecla that has a 4.8B CND  market cap vs our 500M CND cap which would increase our price per share 9 fold. And oh BTW, their AISC is $10, ours should be around $8.


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