Interview with Bradley Langille, President & CEO of Gold Producer, GoGold Resources (TSX:GGD).
GoGold Resources Inc. is a Canadian-based silver and gold producer with projects in Mexico. They are builders, buyers and sellers of mines. GoGold has vast experience to inspire confidence in any prospective shareholders, building three mine and developing a fourth in Mexico within the last 23 years. They have also raised over $800m equity; these facts exemplify Langille's statement: "we get them (our projects) done."
GoGold Resources has two assets: the recently acquired exploration property, Los Ricos, and the 141 hectare Parral Tailings Project. The tailings site is host to 21.3 million tonnes of tailings left over from 340 years of mining operations, and GoGold Resources has reported record silver production for the quarter to September 30 of 580,711 silver-equivalent ounces due to strong production levels. The tailings site provides strong cash flow and there is no sign of the need for any dilution because fundraising is unnecessary at present: the company has plenty of capital.
Los Ricos is a 35km structure, and on March 25, 2019, GoGold acquired the rights to an agreement which provides the option to acquire 100% of the concessions of the project. Langille feels the site has the potential to produce "millions of ounces," and is looking to continue developing the project keeping all future options on the table. Langille emphasises a non-linear business model, which can adapt to all manner of market activity. The project is currently at a very early stage, but Langille thinks it is "the best thing he's hit in 20 years."
The share price is pleasing investors universally, and GoGold looks an exciting prospect to be involved with.
- Company Overview
- Share Price Boost: What Happened? Can They Keep it Going?
- Tailings Project: What Have They Been Doing? How are They Processing the Data? Is it Economic? How Will Value be Created?
- Los Ricos Project: An Update and Overview
- What is the Future Looking Like for Los Ricos?
Company page: https://gogoldresources.com/
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