GoGold Resources Inc T.GGD

At est 1.25SP in Sept, execs buying was muted

[antigua1987]

Is this a concern? Is the permit issue more of a question than ggd lets on? If not, why so little buying recently at 1.25? Not inspiring.

[BuyHighSellLow8]

IMO mgmt. team has been transparent & forthcoming throughout the project. Insiders pockets have a bottom to them as well, and candidly, I'm sure they did their best to 'time the bottom' as well as any of us have been. Juniors have had a brutal year with the Bears firmly in control.  GGD's NPV based on inferred/indicated is 2.25-2.5 times less than current Market Cap

[BuyHighSellLow8]

EDIT* - GGD's NPV based on inferred/indicated is 2.25-2.5 times MORE* than current Market Cap. Is there an FAQ on how to edit posts, newbie here and can't seem to find how I can edit mistakes.

[oilisswell]

2.5 x current market cap with a very small amount of the land having been drilled. Brad has stated often this (GGD) is in the best position of all his endeavors. So we should easily surpass that. He also believes (rightly so) that GGD will exceed 1/2 billion oz/eq of silver. With all the unexplored area it should exceed this. PS I have never found editing possible once posted!

[BuyHighSellLow8]

Appreciate your insight and feedback - thank you!

[taman1]

Yes it is a concern but this statement is important   Brad Langille, President and CEO. "At Parral, we've completed construction of our SART Zinc circuit on time and on budget and are currently in the commissioning process. We expect to see the benefits of this project both in an increase in free cash flow and production from Parral in the upcoming year." and