Dino's Bar & Grill Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Goose94 who wrote (36423)	11/2/2017 9:05:34 AM
From: Goose94	Read Replies (1) of 203329

GoGold Resources (GGD-T) Nov 2nd 2017 company has now fully de-levered its balance sheet and now has approximately US18mm in cash. Production continues to ramp up at Parral and we expect to see continued quarter over quarter production growth for all of 2018 as we ramp up to our full throughput. Here’s a quick snapshot of the company’s value: Market cap of US$58mm (numbers are approximate) Plant&Equipment: US$84mm Inventory: US$38mm Cash: US$18mm Royalty: US$10mm Value of unprocessed tailings: 20mm unprocessed tons, grading 57gpt Ageq, with recoveries of 67%.... The transaction is now closed, the company now has a healthy balance sheet, production at Parral is showing steady growth and so we fail to understand why the market has been pricing the stock at such a discount on any valuation metric. Steve Low

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next