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TSE:GGD
This summary was created by AI, based on 1 opinions in the last 12 months.
GoGold Resources Inc. has made significant progress by finally obtaining a crucial permit, a development attributed to strong local support. This marks the first in a series of permits at the site, indicating potential for further expansion. The expert reviews suggest viewing the area as a district rather than a singular mine, highlighting the long-term potential of the region. However, there is caution regarding the current Mexican administration's stance on approving the open-pit mining aspect of the project. It's worth noting that one of the reviewers has a personal investment in the company, which could influence their perspective on the stock's outlook.
Gold mining development active in Mexico. At current prices, it's both a gold and silver producer. If the silver price begins to outperform the gold price, he suspects that the ratio will begin to favour silver. Risks of production, and political risks include a Mexican leader who's anti-mining at heart. If you can stomach those risks, this is a name to own.
GoGold Resources Inc. is a Canadian stock, trading under the symbol GGD.TO (previously GGD-T on Stockchase) on the Toronto Stock Exchange (GGD-CT). It is usually referred to as TSX:GGD or GGD.TO
In the last year, 1 stock analyst issued a Buy, Sell, or Hold rating on GGD.TO (previously GGD-T on Stockchase). 0 analysts recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is HOLD. Read the latest stock experts' ratings for GoGold Resources Inc..
GoGold Resources Inc. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for GoGold Resources Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for GoGold Resources Inc..
GoGold Resources Inc. is followed by 16 investors on Stockchase and is a trending stock that is worth watching.
On 2026-08-21, GoGold Resources Inc. (GGD.TO) stock closed at a price of $4.14.
Finally received a permit, much due to strong local support. The first of several permits at this location. He thinks of it as a district, rather than just a mine. Doesn't expect current Mexican administration to approve the "open pit" part of this deposit.
Note: He owns a lot of this, so he has a bias.