Sonoro Gold Corp. ( $SGO.V ) hosted an "Ask Me Anything" on Reddit this Monday
CEO Kenneth MacLeod and Chairman John Darch will be responded in real-time to questions that were asked on their post in the r/PennyStocksCanada sub reddit
It is cool to see companies reaching out to the public and investors on Reddit. Happy to see that this company understands that investors aren't just suites or retierres anymore
A few of the highlights from this Q and A that $SGO shared
- Part of $SGO's financing strategy is to limit the amount of financing they do to avoid unnecessary share dilution. For example they turned away investors in our last equity raise a few months ago.
-However, they are currently in discussions with several potential project financiers
Also a redditor asked for their "elevator pitch" and I think their answer was very enlightening for those looking to invest:
"Sonoro Gold has had a significant transformation over the past 18 months, during which time our flagship project, Cerro Caliche, has evolved from being a highly prospective exploration concession to its current pre-construction HLMO status with completion of an updated NI43-101 Technical Report and a PEA by the end August. Once these reports are completed, we will seek project financing (Debt and equity) to develop our proposed Heap Leach Mining Operation (HLMO) with the intent of commencing production at 15,000 tpd by the end of the first quarter of 2022."
You can check out the full AMA here:
https://www.reddit.com/r/PennyStocksCanada/comments/p15m0e/we_will_be_hosting_an_ama_on_monday_aug_9_at/
Currently $SGO.V is trading at $0.315 with a MC of $32.25 M