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Stockchase Opinions

Rick RuleGoGold Resources Inc.GGD.TOTRADEFeb 28, 2022

It gets consistently good exploration results so is exploration predictive. Market pays a premium for this. It is silver rich and has what could become a large high grade silver deposit.
N/A

Stock price when the opinion was issued

$3.43

As of Jun 18, 2026. Market Open.

Mining
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RISKY

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.

BUY
Current share price presenting buying opportunity. Waiting on results for size of gold mine. Political risk in Mexico is concern. Very good management team. Risky stock, but good for risk tolerant investors.
BUY ON WEAKNESS
If you really like the company, the price decline is a good thing, as you can buy stock at a lower price. He welcomes the price decline, as he'd like to own more.