Post by
antigua1987 on Dec 12, 2024 9:00am
BL says...
“Looking forward to 2025, we are confident we will have our permit for Los Ricos South and be in a position to make a positive construction decision moving towards production of the Company’s second operating mine.” A few qualifiers again, so not 1Q perhaps. Still, we ride the permit.
Comment by
greendayyyy on Dec 12, 2024 11:57am
Why release financial results on a bearish day like today? A bad move by management.
Comment by
oilisswell on Dec 12, 2024 2:18pm
Release was pre-market. Usually it is planned well ahead of time and not dependent on market conditions. it is, however, decent and may well have had some positive impact on the SP, which could have tumbled even further than it has. Also helps that the volume has dropped from the previous days.
Comment by
becker123456789 on Dec 12, 2024 12:39pm
Oversold at this point. At least they are making money while waiting for permit. Silver is having a slight pullback setting up a good surge for 2025. Agreed there should be movement in 2025 . It's actually looking more positive for GGD because Mexico's mining stance seams to be softening . Miners may get taxed at a higher rate is the downside.