|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.7950 - 0.8500|
|52 Week Range||0.2700 - 0.8500|
|Beta (5Y Monthly)||1.10|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But if you pick the right...
GoGold Intersects 18.4m of 889 g/t Silver Equivalent including 3.2m of 4,335 g/t in Rascadero area of Los Ricos South
GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) ("GoGold", "the Company") is pleased to release the assay results from 3 diamond drill holes at the Los Ricos South Project, including 1 at San Juan, 1 at Rascadero and the second hole released at the East Vein.
The Company had suspended drilling at Los Ricos and suspended non-essential processes at Parral on April 2, 2020 , in line with Mexican federal government mandates and restrictions. As the government decreed that mining has been deemed an essential service, the Company will resume operations at both projects. The Company is nearing completion of resource drilling at Los Ricos South for its upcoming 43-101 compliant resource calculation.
Virtual Investor Conferences, the leading proprietary investor conference series, today announced that the Mining and Technology Metals Virtual lnvestor Conference presentations are now available for on-demand viewing.
GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF), based in Halifax, focused on operating, developing, exploring and acquiring high quality silver and gold projects in Mexico, today announced that Brad Langille, CEO, will present live at VirtualInvestorConferences.com on May 21st.
Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming OTC Market's Metals & Mining Virtual lnvestor Conference. Individual investors, institutional investors, advisors, and analysts are invited to listen to the executive management of metals & mining companies discuss their property positions, development schedules, market opportunity, and investment highlights. The program opens at 8:45 AM ET, with the first live webcast at 9:00 AM ET, on Wednesday, May 6th and 8:45 AM ET with the first webcast at 9:00 AM ET on Thursday, May 7th.
GoGold Intersects 4.2m of 559 g/t Silver Equivalent and 23.2m of 163 g/t Silver Equivalent at San Juan
GoGold Intersects 11.6m of 610 g/t Silver Equivalent Near Surface, and 4.2m of 880 g/t Silver Equivalent at San Juan
"We anticipate the Parral heap leach will continue to produce residual metal from inventory and provide positive cash flow in the June quarter, while we operate in accordance with the Mexican federal government's COVID-19 mandate and temporarily suspend non-essential services at Parral." "Silver equivalent production" include gold ounces and copper tons produced and converted to a silver equivalent based on a ratio of the average market metal price for each period.
As Parral is a heap leach operation, essential processes including operation of pumps to maintain solution balance will continue, while non-essential services will be temporarily suspended in line with the government mandate. At the Los Ricos project, drilling will be suspended for 30 days to ensure the safety of the Company's employees and contractors in compliance with the government's mandate. This will have a limited impact on the Company's exploration project, as there are 40 completed drill holes which are in the assaying process, and GoGold is nearing data cut-off for the initial resource at the Los Ricos South Project.
The SART plant is providing important economic and technical benefits to the Parral facility. The main economic drivers are the recovery of a high-grade saleable copper sulfide product, the re-generation of cyanide, which is the largest single operating cost at Parral, and improve the leaching efficiency of the heap.
The Company's AGM is scheduled for March 25, 2020 at 6:00 PM ADT ( Halifax time) and will be held by teleconference only. The Company encourages all shareholders to vote online in advance of the meeting date to facilitate the call. GoGold Resources (GGD.TO) is a Canadian-based silver and gold producer focused on operating, developing, exploring and acquiring high quality projects in Mexico.
The Company is following WHO directives at its Parral and Los Ricos projects which are in full operation. "With the recently completed financing, the Company is in a strong financial position with a current cash balance of approximately $20 million USD , which provides the Company with the flexibility to manage this unprecedented event and position itself strongly for the future."
An aggregate of 35,714,285 Units at a price of C$0.70 per Unit for gross proceeds to the Company of approximately C$25 million were sold, with each Unit consisting of one common share in the capital of the Company (each a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to acquire an additional Common Share at a price of C$0.85 until February 25, 2022 , provided that if the volume weighted average price of the Common Shares on the Toronto Stock Exchange is equal to or greater than C$1.20 for a period of 10 consecutive trading days, the Company may, at its option, elect to accelerate the expiry of the Warrants by providing notice to the holders thereof, in which case the Warrants will expire on the date specified in such notice, which shall be not less than 30 calendar days following delivery of such notice.