GoGold Resources Inc T.GGD

Alternate Symbol(s): GLGDF

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.

TSX:GGD - Post by User

GoGold Resources Inc

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Post by oilisswellon Nov 15, 2024 12:54pm

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Post# 36315208

Friday dump

Traders selling before the weekend and taking the loss. 1.5 million shares sold so far. Gold down ~0.2%, silver down ~0.4%, and GGD down >4%. As I said before, if metal fall to values assumed in GGD presentation, their share will be 0!

Compare that to oil being down 2% and oil shares on average down~1%. This while Trump wants to push oil prices much lower!

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Gold vs. bitcoin, where should you invest?