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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 > New Press Release - GoGold Announces Results of Los Ricos South Feasibility Study with After Tax NPV of US$355M
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Comment by becker123456789 on Jan 16, 2025 10:04am
Considering they are debt free and silver expected to rise we will be rocking once we get the permit!
Comment by oilisswell on Jan 16, 2025 2:10pm
All true, however there was a lot of shares given away er sold, at far cheaper prices. >20% in a short amount of time for some. Buy on rumour sell on news is the mantra of many a trader! With permits forthcoming it is only a matter of time before GGD gets theirs. Also it sounds like financing is not an issue. Further drilling is likely to prove up much more reserves and extend mine life along ...more  
Comment by nailbender on Jan 17, 2025 12:19pm
It's very likell I missed something but what cheap shares are you talking about ? I've been in this stock in various degree since March of 2019. Sure Brad issued a lot of shares but the company is vastly different than when I bought in and the assets are far superior , too . Sold about half when the market cap reached 1billion, in hindsight , I wished I sold more but it's still been ...more  
Comment by oilisswell on Jan 17, 2025 1:08pm
December 2024 through to the beginning of January 2025. That certainly created a lot of overhang whereby those shares need to get absorbed at higher prices before GGD can really move up. Also consider that once the permit is in hand, there will likely be suitors in the wings looking to buy GGD prior to mine startup. Brad has made it clear he would prefer someone purchase GGD rather than build a ...more  
Comment by becker123456789 on Jan 21, 2025 7:47am
I disagree. I have seen many mining  stocks get way overvalued  in construction phase along with oil Jr's.  It's  called hype and after they start operating and the profits people where dreaming of become more realistic  numbers the stock drops. Even though we haven't got the permits I think we just did see a jump as Mexico started issuing permits again.