skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I have started a small position in Gogold GGD. My research showed that the CEO behind Gogold has built and sold 4 precious metal mines in Mexico over the past few decades. So GGD is not his first rodeo and he, together with some of his team, have the knowledge to build smaller mines in Mexico. GGD currently has an operation in Parral, Chihuahua, Mexico which is successfully processing tailings of historic mines. The modest profits from the Parral mine not only can cover all of the G & A costs of GGD but they should be able to add to the GGD capital (This operation is projected to produce 2 million SEO this year with production costs around $20, so using a low silver price of $60 GGD can net out $80 million this year from a very modest tailings processing operation). The growth project is the "los Ricos South" mine in the state of Jalisco (about 90 minutes from Guadalajara). GGD did a share offering late last fall and now GGD is sitting on about $150 million of capital (Appreciated if you can confirm that?) The los ricos mine only needs $225 ish to get built and the experienced management team is confident they can use reasonably priced debt to finance the remaining mine building capital that will be required. GGD has contracted low cost, hydro power for that mine and they have the transmision line access engineered. So GGD apparently has good rock, good financing, some infrastructure and good management BUT they still don't have the permit to build Los Ricos. Analysts say that if/when the permit is issued the stock should rocket upwards. No permit and the stock will languish BUT at least GGD's small tailings processing plant can generate enough cash to cover G & A plus add to the capital accumulation. I like the risk versus potential reward for GGD and therefore I started a position. Am I missing something in this story? I am currently in Mexico and I am well aware of Vizla's tragedy up in Sinaloa. I see that as an extreme, but isolated event. But again, is there something else I should think about if I want to hold, or add to my GGD postion?
Read Answer Asked by Paul on March 19, 2026
Q: Hi 5i Team - With gold up substantially the past year or so and now that gold stocks seem to be participating more, I am interested in taking a small position in a few junior exploration companies. I already have two mid tier producers. Are there any exploration companies that that you may be aware of that have reasonable funding and potential for decent discoveries. Past successes of management would also help. Or is there a reputable site or publication that might cover this sort of thing. Thanks.
Read Answer Asked by Rob on July 09, 2025
Q: This is a bit of a crystal ball question: Given the recent interest in the gold sector, which companies do you think could be possible take-over candidates?
Thanks
Read Answer Asked by Chuck on April 16, 2025
Q: Hi 5i Team - GoGold has fallen off by about a third since March. Do you know of any reasons for this. I am considering purchasing a small position but am concerned about the downward momentum. Also are there any other junior golds with some production as well as exploration potential that you would recommend. Thanks.
Read Answer Asked by Rob on May 10, 2022
Q: Do you believe that the junior golds or, for instance, such junior diamond mines as MPVD have "legs" at this time?
Read Answer Asked by David on November 15, 2021
Q: Own in TFSA. Portfolio weighting creeping up to 40% because of cost averaging; book cost $0.60. KBLT is other materials holding at 5% port weight. I'm high risk investor 36yrs old. I plan to trim position of GGD but don't want to sell prematurely. Would you sell some/all? Is upswing result of gold price OR something else? And would appreciate your insight on re-position of proceeds into MTLO or cost average down on existing 10% weight of PHO; book cost $1.35? Great service. thanks
Read Answer Asked by Gordon on September 04, 2019
Q: I have a basket of small miners including VIT, GGD, MYA, MTU, in my trading account. Together they make up about 1/4 of my precious metals position which is about 6% now in the trading account. Can I get your opinion on these specific companies? Would you prefer others? I am bullish on gold and silver for the short and mid-term, how about you guys at 5i?
Read Answer Asked by Randy on October 16, 2017
Q: Please comment on whether to buy or sell these companies. GGD has cash flows of $2.8M in Q1. Is it good buy at these levels.
Read Answer Asked by Imtiaz on February 27, 2017
Looking for more? Sign up for a FREE 14 day trial! No credit card required

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; stock research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!