Opinions
Rick Rule
GoGold Resources Inc.
GGD-T
BUY ON WEAKNESS
May 25, 2022
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.
$2.240
Stock price when the opinion was issued
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.
Mining