Goldgroup Mining Inc (GGAZF)

$1.29 -0.02 (-1.68%)
Market Cap N/A
Revenue (ttm) 0.00
Net Income (ttm) 0.00
EPS (ttm) N/A
PE Ratio N/A
Forward PE N/A
Profit Margin 0.00%
Debt to Equity Ratio N/A
Volume 10,847
Avg Vol 248,294
Day's Range N/A - N/A
Shares Out N/A
Stochastic %K 68%
Beta N/A
Analysts Strong Buy
Price Target N/A

Company Profile

Goldgroup Mining Inc., together with its subsidiaries, engages in the acquisition, exploration, and development of gold-bearing mineral properties in Mexico and the Americas. It holds a 100% interest in the Cerro Prieto project comprising San Felix, San Francisco, Elba, Huerta de Oro, Reyna de Plata, Cerro Prieto North, and the Argonauta 6 mineral concessions located in the Cucurpe Mining District, Sonora, Mexico; and the San José de Gracia property, consisting of 34 mineral concessions covering...

Industry: Gold
Sector: Basic Materials
Phone: 604-682-1943
Fax: 604-682-5596
Address:
1166 Alberni Street, Suite 1201, Vancouver, Canada
Brooklyn001
Brooklyn001 Jan. 20 at 10:07 AM
$SMOFF Sonoro Gold $SMOFF has been one of my best performing stocks over the past twelve months and the news keeps on getting better. Today's news was totally unexpected -- significantly expanding their Cerro Caliche gold/silver project. SONORO GOLD ANNOUNCES EXPANSION OF CERRO CALICHE GOLD PROPERTY The PR also shows the Prieto mine location ooperated by GoldGroup Mining $GGAZF which will have to close down in September 2028 because SMOFF bought the surface rights to Prieto starting then. At some point, I would expect some announcement that GGAZF and SMOFF come to some agreement so that GoldGroup Mining can continue operating the mine. Upfront payment to Sonoro Gold or a royalty agreement. But whatever it is, Sonoro Gold will benefit. (Personally, I would be scared to still own GGAZF because they have not disclosed the fact that they lose the Prieto mine in 2028. Once they disclose that to shareholders, the stock will selloffright right before the upcoming capital raise.
0 · Reply
Brooklyn001
Brooklyn001 Jan. 16 at 5:43 PM
Sonoro Gold $SMOFF has been one of my best performing stocks over the past twelve months and the news keeps on getting better. Today's news was totally unexpected -- significantly expanding their Cerro Caliche gold/silver project. SONORO GOLD ANNOUNCES EXPANSION OF CERRO CALICHE GOLD PROPERTY The PR also shows the Prieto mine location ooperated by GoldGroup Mining $GGAZF which will have to close down in September 2028 because SMOFF bought the surface rights to Prieto starting then. At some point, I would expect some announcement that GGAZF and SMOFF come to some agreement so that GoldGroup Mining can continue operating the mine. Upfront payment to Sonoro Gold or a royalty agreement. But whatever it is, Sonoro Gold will benefit. (Personally, I would be scared to still own GGAZF because they have not disclosed the fact that they lose the Prieto mine in 2028. Once they disclose that to shareholders, the stock will selloffright right before the upcoming capital raise.
0 · Reply
Finanz
Finanz Jan. 16 at 3:40 AM
$GGAZF $SMOFF Should read "Hidden "asset" is the the "yet to be determined" monetary value of the surface rights to GoldGroup Mining's $GGAZF only gold producing mine (Prieto mine) starting in September, 2026. (One thing is for sure--the value is NOT Zero $$$). Probably will be negotiated based on the FPV
0 · Reply
Finanz
Finanz Jan. 16 at 3:14 AM
$GGAZF $SMOFF Expanding Cerro Caliche Concession is a real positive for shareholders. Probably a good move to acquire those additional ten (10) mineral concessions along strike and adjacent to the northern and southern boundaries of the Cerro Caliche gold/silver project in Sonora, Mexico. No dilution is a real positive with no royalties granted on the concessions. Valuation of SMOFF will probably increase now that it is has expanded to twenty-five (25) concessions covering a total area of 3,924.26 hectares. Pending updated PEA (from 202) will most likely show a huge difference in valuation from higher gold prices (vs. 1,800/oz previously) and an increase in economically viable production potential from the higher prices. Hidden "asset" is the the "yet to be determined" monetary value of the surface rights to GoldGroup Mining's $GGAZF only gold producing mine (Prieto mine) in 25 years. (One thing is for sure--the value is NOT Zero $$$). Probably will be negotiated based on the FPV.
0 · Reply
Finanz
Finanz Jan. 12 at 3:46 PM
$ASM This barchart is a great example of a attractive screenshot that is very, very misleading. This list of mining stocks does not include many stocks that have done better than half of this list. $GGAZF, $NRRSF $SMOFF all did better.
0 · Reply
Brooklyn001
Brooklyn001 Jan. 6 at 3:58 PM
$SMOFF $SMOFF Pretty good summary of SMOFF. Hope that PEA comes out soon. But it does look like that last financing happening and the stock is UP is a good indicator of what smarter investors than me are anticipating. https://www.reddit.com/r/Miningstocks/comments/1q4t9dp/gold_miner_sonoro_gold_smoff_sgov_approaching/ Anybody have an idea on what those surface rights are worth to GoldGroup Mining $GGAZF? If that mine is the only producing mine for GGAZF, it would seem that they either do an agreement with SMOFF or GoldGroup Mining shareholders will get crushed. What does GGAZF have if their Prieto mine gets shut down in 2028? JMHO
1 · Reply
Finanz
Finanz Dec. 31 at 2:00 AM
$GGAZF
0 · Reply
GuruChartist
GuruChartist Dec. 30 at 1:46 AM
$SMOFF The updated PEA should dramatically increase the economics of the Cello Caliche project. Once they get the permits, they could be producing gold within 13 months of the permitting according to past interviews. But I would like to know how much Sonoro Gold will charge GoldGroup Mining $GGAZF for the surface rights to their Prieto mine in 2028. Could be a nice Lotto ticket for SMOFF
0 · Reply
Finanz
Finanz Dec. 27 at 12:46 AM
$GGAZF According to the last quarterly filing, GoldGroup will need to do another financing (dilution). I really am shocked that with gold prices this high, that the Prieto mine is not producing profits...not just gold. What is wrong with this picture?
0 · Reply
GuruChartist
GuruChartist Dec. 21 at 2:45 PM
$SMOFF Up 28% last week. Between $GGAZF probably having to buy the surface rights for their Prieto mine from Sonoro and the PEA expected to be released soon, things are looking good for increasing price and trading volumes.
0 · Reply
Latest News on GGAZF
No data available.
Brooklyn001
Brooklyn001 Jan. 20 at 10:07 AM
$SMOFF Sonoro Gold $SMOFF has been one of my best performing stocks over the past twelve months and the news keeps on getting better. Today's news was totally unexpected -- significantly expanding their Cerro Caliche gold/silver project. SONORO GOLD ANNOUNCES EXPANSION OF CERRO CALICHE GOLD PROPERTY The PR also shows the Prieto mine location ooperated by GoldGroup Mining $GGAZF which will have to close down in September 2028 because SMOFF bought the surface rights to Prieto starting then. At some point, I would expect some announcement that GGAZF and SMOFF come to some agreement so that GoldGroup Mining can continue operating the mine. Upfront payment to Sonoro Gold or a royalty agreement. But whatever it is, Sonoro Gold will benefit. (Personally, I would be scared to still own GGAZF because they have not disclosed the fact that they lose the Prieto mine in 2028. Once they disclose that to shareholders, the stock will selloffright right before the upcoming capital raise.
0 · Reply
Brooklyn001
Brooklyn001 Jan. 16 at 5:43 PM
Sonoro Gold $SMOFF has been one of my best performing stocks over the past twelve months and the news keeps on getting better. Today's news was totally unexpected -- significantly expanding their Cerro Caliche gold/silver project. SONORO GOLD ANNOUNCES EXPANSION OF CERRO CALICHE GOLD PROPERTY The PR also shows the Prieto mine location ooperated by GoldGroup Mining $GGAZF which will have to close down in September 2028 because SMOFF bought the surface rights to Prieto starting then. At some point, I would expect some announcement that GGAZF and SMOFF come to some agreement so that GoldGroup Mining can continue operating the mine. Upfront payment to Sonoro Gold or a royalty agreement. But whatever it is, Sonoro Gold will benefit. (Personally, I would be scared to still own GGAZF because they have not disclosed the fact that they lose the Prieto mine in 2028. Once they disclose that to shareholders, the stock will selloffright right before the upcoming capital raise.
0 · Reply
Finanz
Finanz Jan. 16 at 3:40 AM
$GGAZF $SMOFF Should read "Hidden "asset" is the the "yet to be determined" monetary value of the surface rights to GoldGroup Mining's $GGAZF only gold producing mine (Prieto mine) starting in September, 2026. (One thing is for sure--the value is NOT Zero $$$). Probably will be negotiated based on the FPV
0 · Reply
Finanz
Finanz Jan. 16 at 3:14 AM
$GGAZF $SMOFF Expanding Cerro Caliche Concession is a real positive for shareholders. Probably a good move to acquire those additional ten (10) mineral concessions along strike and adjacent to the northern and southern boundaries of the Cerro Caliche gold/silver project in Sonora, Mexico. No dilution is a real positive with no royalties granted on the concessions. Valuation of SMOFF will probably increase now that it is has expanded to twenty-five (25) concessions covering a total area of 3,924.26 hectares. Pending updated PEA (from 202) will most likely show a huge difference in valuation from higher gold prices (vs. 1,800/oz previously) and an increase in economically viable production potential from the higher prices. Hidden "asset" is the the "yet to be determined" monetary value of the surface rights to GoldGroup Mining's $GGAZF only gold producing mine (Prieto mine) in 25 years. (One thing is for sure--the value is NOT Zero $$$). Probably will be negotiated based on the FPV.
0 · Reply
Finanz
Finanz Jan. 12 at 3:46 PM
$ASM This barchart is a great example of a attractive screenshot that is very, very misleading. This list of mining stocks does not include many stocks that have done better than half of this list. $GGAZF, $NRRSF $SMOFF all did better.
0 · Reply
Brooklyn001
Brooklyn001 Jan. 6 at 3:58 PM
$SMOFF $SMOFF Pretty good summary of SMOFF. Hope that PEA comes out soon. But it does look like that last financing happening and the stock is UP is a good indicator of what smarter investors than me are anticipating. https://www.reddit.com/r/Miningstocks/comments/1q4t9dp/gold_miner_sonoro_gold_smoff_sgov_approaching/ Anybody have an idea on what those surface rights are worth to GoldGroup Mining $GGAZF? If that mine is the only producing mine for GGAZF, it would seem that they either do an agreement with SMOFF or GoldGroup Mining shareholders will get crushed. What does GGAZF have if their Prieto mine gets shut down in 2028? JMHO
1 · Reply
Finanz
Finanz Dec. 31 at 2:00 AM
$GGAZF
0 · Reply
GuruChartist
GuruChartist Dec. 30 at 1:46 AM
$SMOFF The updated PEA should dramatically increase the economics of the Cello Caliche project. Once they get the permits, they could be producing gold within 13 months of the permitting according to past interviews. But I would like to know how much Sonoro Gold will charge GoldGroup Mining $GGAZF for the surface rights to their Prieto mine in 2028. Could be a nice Lotto ticket for SMOFF
0 · Reply
Finanz
Finanz Dec. 27 at 12:46 AM
$GGAZF According to the last quarterly filing, GoldGroup will need to do another financing (dilution). I really am shocked that with gold prices this high, that the Prieto mine is not producing profits...not just gold. What is wrong with this picture?
0 · Reply
GuruChartist
GuruChartist Dec. 21 at 2:45 PM
$SMOFF Up 28% last week. Between $GGAZF probably having to buy the surface rights for their Prieto mine from Sonoro and the PEA expected to be released soon, things are looking good for increasing price and trading volumes.
0 · Reply
Finanz
Finanz Dec. 9 at 4:19 AM
$GGAZF Looking weaker by the day. No wonder with quarter after quarter losses, running out of cash and ANOTHER financing coming. Happy I am out after a great run. GLTA
0 · Reply
ExperiencePays
ExperiencePays Dec. 8 at 11:35 AM
$SMOFF $SMOFF --And the fourth thg: -- broader awareness that Sonoro Gold owns the very valuable surface rights (starting in Sept. 2028) for the GoldGroup Mining $GGAZF Prieto mine will probably result in a lucrative settlement/ agreement to benefit Sonoro Gold Things are getting interesting.
0 · Reply
Finanz
Finanz Dec. 3 at 8:37 PM
$SMOFF Went to a corporate road show for a silver producer in Sonoro, Mexico and an attendee asked if a company had a producing mine and the landowner sold the surface rights in the future--would the mine operator be required to obtain the surface rights from the owner of the surface rights. The presenter said, according to Mexican mining law, the mining company would have a problem because the surface rights owner could shut down the mine unless they buy the rights from the new owner. It turns out that the attendee brought up the question because he knew about a situation where a gold mining company, Sonoro Gold, $SMOFF, bought the surface rights to their Cerro Caliche mine project and the rights to the Prieto mine of GoldGroup Mining $GGAZF starting in September 2028. Which is why I am here and bought some SMOFF (after confirming the info). So it looks like a CDN $300 million market cap company will have NO way to justify that valuation without access to that mine in 2.5 years.
0 · Reply
Finanz
Finanz Dec. 2 at 3:54 AM
$GGAZF
0 · Reply
Finanz
Finanz Dec. 2 at 3:54 AM
$GGAZF Looks like this one is teetering on the 50 DMA at $0.81. Next support is at the 200 DMA at $0.70
0 · Reply
GuruChartist
GuruChartist Nov. 26 at 11:46 PM
$SMOFF I noticed that too...that $GGAZF needs to disclose that Sonorro Gold can shut down the Prieti mine in 2028. Two colleagues of mine took their chips off the table with GGAZF. The easy money has been made and the path of least resistance is down. Especially when Gold Group confirms that they lose access to the mine. Unless some big dollars are paid to Sonorro. JMO. Actually, can you short GGAZF and buy Sonoro? That could be interesting.
0 · Reply
ExperiencePays
ExperiencePays Nov. 25 at 4:35 PM
$GGAZF Is GoldGroup Mining going to shut down the Cello Prieto mine in 2028 when the surface rights are taken over by Sonoro Gold $SMOFF? According to the company;s website, that mine is the prime asset of $GGA.V Cerro Prieto Project | Goldgroup Mining Inc. yet Sonoro Gold, another company I follow, filed that the company purchased the surface rights to Sonoro Gold's Cello Caliche project AND the Cerro Prieto mine starting in September, 2028. There is no mention of this material information on GGAZF's website nor in their filings. Either Sonoro is lying about obtaining the surface rights (big problem with the regulators) or GoldGroup is in violation of fair disclosure of material information laws (same in Canada as in the US). Does anyone here have a contact with GGAZF to clarify this?
0 · Reply
RosKmet
RosKmet Nov. 19 at 1:48 AM
$AABB $GGAZF @Inforlongs Check out this mining group. Their annual revenue is only $20 Million in which on has 84 million shares of course. Share price sits at .90. AABB has so much more to offer it’s incomparable. If only structured and navigated correctly
3 · Reply
newsfile_corp
newsfile_corp Oct. 14 at 2:05 AM
https://nfne.ws/270327 $GGAZF $GGA.TSXV @GoldgroupMining #Gold #JuniorMining #Mining #MiningStocks #PreciousMetals #Metals #OTC #OTCMarkets
0 · Reply
PenkeTrading
PenkeTrading Mar. 19 at 4:20 AM
I found you a MACD Bearish Reversal Divergence on the daily chart of Goldgroup Mining Inc.. $GGAZF #BearishReversalDivergence #PINK
0 · Reply
PenkeTrading
PenkeTrading Jan. 24 at 8:41 AM
I found you an Overbought RSI (Relative Strength Index) on the daily chart of Goldgroup Mining Inc.. Is that bullish or bearish? $GGAZF #RsiOverbought #PINK
0 · Reply
newsfile_corp
newsfile_corp Mar. 8 at 2:30 AM
https://nfne.ws/200944 $GGAZF $GGA.TSXV @GoldgroupMining #Gold #JuniorMining #Mining #MiningStocks #PreciousMetals #Metals #OTC #OTCMarkets
0 · Reply