GoGold Resources (GGD) - Large Silver Tonnage Open Pit & High-Grade

Matthew Gordon,
Ptolemy Capital

20:10
6 Months ago

Forget the flashy headline of high-grades where companies are chasing veins, especially when its less than 1m wide (because of dilution). You need to be looking at the of the ore body and the average grades. 60% of the value of this project is in Silver, the rest in Gold. The latest Gogold press releases suggests the economics of this project should be very good. With 6 drills turning, and soon to be 8 drills, expect to see many drill results coming over the next 6 months. Peer analysis suggest this is one of the top Silver stories out there. The volume of metal per ton is hard to ignore. Open pittable, bulk tonnage with a lot of very high-grade veins too.

#GoGold Resources #Gold #Silver #TSX #Bradley Langille

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