Rising expanding wedges are made to be broke, and the ostensible one was broken so redrawn with a grey zone, expect this thing to lift off soon!
Bullflag is textbook!
Just nbeed suilver to fk off and low already!
- Ascending Triangle (Potential for breakout)
- Waiting on retouch to 50 EMA and cross over in oversold region on stochastic
- Analyst estimate positive earning reports on May 13th
I am not a financial advisor and this is just my technical analysis on it.
2020 proved to be quite a turnaround for $GGD financially/operationally and the near term production looks very promising.
At YE19 - cash was low, ops were running at a small deficit, market cap of approx $125m.
At YE20 - cash is U$53m, ops are running at record production, market cap of approx $615m
Silver performed well during 2020 which allows GGD to...
Gogold Resources, Inc. engages in the exploration, development and production of gold and silver. It operates through Mexico and Canada geographical segments. The company was founded on January 18, 2008 and is headquartered in Halifax, Canada.
TSX
