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Bullboard - Stock Discussion Forum GoGold Resources Inc GLGDF


Primary Symbol: T.GGD

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... see more

TSX:GGD - Post Discussion

GoGold Resources Inc > Capitulation at work
View:
Post by oilisswell on Sep 25, 2023 3:44pm

Capitulation at work

It is always difficult to understand why anyone would sell at the lows, but................everyone has their own reasons. That being said, some are getting shares at rock bottom prices! Gold is still above 1900, silver is above 23, and GGD is trading like gold is 1600 and silver 18.

If I wasn't already flush, I would certainly be adding more. Present NPV of over $3 US/share should translate to a much higher current share price. Considering that LRS and LRN are only partially explored the mineral resource is bound to go a lot higher. It is only a matter of time.........GLTA

Comment by sosgood1 on Sep 25, 2023 6:42pm
Right on oilisswell, plus financing in place ($100M USD in the bank and $50M bank loan in the works), permits not a problem, and finally, an extremely solid track record of developng mines.
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