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Bullboard - Stock Discussion Forum 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... see more

TSX:GGD - Post Discussion

GoGold Resources Inc > Falling knife
View:
Post by becker123456789 on Nov 11, 2024 11:12am

Falling knife

We could be seeing prices back down around a $1.00. I knew if Trump won the effects on silver and gold would be negative but not to this extent both are are in freefall. Money is pouring into bitcoin and with little to no regulation that Trump will make it more attactive for criminal activity. I'm also in it for the long haul now as it looks like my selling point of  $1.57 isn't coming any time soon  .. Hope I'm wrong again LOL GTLA !
Comment by oilisswell on Nov 11, 2024 1:07pm
Possible, however gold is still above 2600 and silver above 30! The day to day noise is not true value, only the market irrationality. The SP of GGD falls rapidly with metal prices but does not rise proportionately. Soon we will have Q4 and year end financials (~December 18) which should show GGD is profitable. In Q1 2025 GGD expects to have the LRS permit. At that point the SP should rise ...more  
Comment by greendayyyy on Nov 12, 2024 12:39pm
Perhaps a return below the 52-week mark next week. I'll wait for a return to the 0.90 price before adding in.
Comment by greendayyyy on Nov 13, 2024 12:59pm
Three or four more days of declines and we'll be back below $1.
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