GoGold Resources Inc. - October 2020

In October 2020, we undertook a thorough examination of GoGold Corporation's gold mining initiatives in Mexico. Gain full access to our detailed GoGold analysis, entirely FREE, by simply subscribing with your email at analystsnotes.com. From overcoming operational challenges to uncovering promising exploration prospects, we evaluated every aspect of GoGold’s endeavours. Equip yourself with the insights necessary for making informed investment choices.

The Lowdown

In reviewing GoGold Corporation and its mining projects in Mexico, did our in-depth analysis support the company's US$292 million enterprise valuation or reveal fatal flaws in the project economics?

• GoGold’s resource estimates for Los Ricos South showed promise, but did they substantiate the continuity and criteria used? Were the recoveries from Parral Tailings as optimistic as management claimed, or did they hide operational inefficiencies?
• We scrutinized the cut-off grade methodology and inputs. Were the resource figures as robust as claimed?
• Did the depth, grade, and processing challenges pose significant economic hurdles for GoGold?
• Would the project require prohibitively high costs, undermining profitability?
• Crux estimated cash margins at current metal prices. Was there a realistic path to economic viability?
• With a mix of exploration success and operational challenges, did GoGold’s valuation reflect the projects' true potential? Or were investors overly optimistic?

Ultimately, our in-depth review sought to determine whether GoGold offered a compelling investment opportunity or if the challenges were underestimated. We left no detail unexplored in our mission to provide you with a thorough, unbiased evaluation of the project's strengths and risks. To access our full, unfiltered report on GoGold Corporation, head over to analystsnotes.com and subscribe with your email. Unlock a treasure trove of exclusive insights today.

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