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Bullboard - Stock Discussion Forum
Sonoro Gold Corp
SMOFF
Primary Symbol:
V.SGO
Metals & Mining
Gold
Sonoro Gold Corp is a Canada-based exploration and development company. The Company is engaged in holding the development- stage Cerro Caliche project and the exploration-stage San Marcial project in Sonora State, Mexico. The Cerro Caliche Project is located in the Cucurpe Municipality of Sonora State in northwestern Mexico and is comprised of 15 contiguous mining concessions covering a total...
area of 1,350.10 hectares (ha). The San Marcial Project is located in the Santa Ana Municipality of Sonora State in northwestern Mexico and is comprised of four contiguous mining concessions held by the Company’s wholly owned Mexican subsidiary Minera Breco, S.A. de C.V. (Breco). The 1,015.80-ha project is situated at the southern end of the prolific Sonora-Mojave Megashear, a regional scale structural system measuring approximately 50 kilometers in width and 500 kilometers in length.
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Bullboard (TSXV:SGO)
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(16)
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Ltopolew
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Post by
Ltopolew
on May 10, 2021 4:36pm
$SGO Reports
$SGO recently reported results from 25 RC drill holes completed at four of the 18 gold mineralized zones within the Cerro Caliche gold concession in Sonora, Mexico. Recent drilling successfully tested
...more
(18)
•••
5baggercalls
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Post by
5baggercalls
on Apr 27, 2021 4:53pm
SGO Analyst Initiated Coverage with a 'Buy' Rating
SGO received research coverage from analysts as of yesterday - April 26. Its currently trading at 19 cents and coverage gives it a fair value between 26 & 33 cents. Sonoro Gold will be going into
...more
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(18)
•••
5baggercalls
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Post by
5baggercalls
on Apr 26, 2021 4:22pm
Interview and Summary of SGO
An excellent summary & interview on what is happening at Cerro Caliche Gold project. Dr Allen Alper who holds a PhD in economic Geology and Petrology interviewed John Darch (chairman &
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(125)
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drunk@noon
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Post by
drunk@noon
on Apr 26, 2021 10:30am
stock goes no where until we get the project financing done.
Plain and simple. What is the cap ex of the project? How much more dillution to finance it? Considering shares issued to finance a project are always priced lower than existing share price, and
...more
(125)
•••
drunk@noon
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Post by
drunk@noon
on Apr 22, 2021 12:02pm
current shareprice is case in point
They raise a measly 3 million and now there is no point buying as their is endless supplly at the price of equity raise, Now, managment isn't giving any indication of the cap ex to actually build
...more
(125)
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drunk@noon
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Post by
drunk@noon
on Apr 22, 2021 9:51am
swedeprof:given the financial metrics of the project
the low risk executioin, given the straight forward nature of oxide ore heap leach along with the shallow open pit extraction and low strip ratio I love this project. And I am a shareholder. But there
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(1)
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Swedeprof
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Comment by
Swedeprof
on Apr 19, 2021 3:48pm
RE:Further dilution to fund the actual building of the project
I've heard a couple things from the company that they have a couple interested parties in discussion now to raise the funds through debt financing. We may not need equity financing to take the
...more
(18)
•••
5baggercalls
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Comment by
5baggercalls
on Apr 19, 2021 2:59pm
RE:This maedel guy is insider selling thousands of shares every
yeah he has sold a few, but even more important IMO, is the way John Darch is continuously supporting the stock. Especially right now where he could buy the PP, get the free warrant. Instead he is
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(125)
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drunk@noon
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Post by
drunk@noon
on Apr 19, 2021 11:55am
Further dilution to fund the actual building of the project
is key to the valuation. What is cap ex, that is the quesiton? What will it be? $10 milllion? 20 million? 50 million? This is all important considering the tiny market cap they could double shares
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(125)
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drunk@noon
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Post by
drunk@noon
on Apr 17, 2021 12:30pm
This maedel guy is insider selling thousands of shares every
day. What's the story there?
(55)
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LWillingdon
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Comment by
LWillingdon
on Apr 17, 2021 2:34am
RE:Anyone have a ballpark est for capex on a 20,000 tpd heap
Uhm Agnico in Sonora region. A few dozen more.
(125)
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drunk@noon
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Post by
drunk@noon
on Apr 16, 2021 12:14pm
Anyone have a ballpark est for capex on a 20,000 tpd heap
leech operation. I am sure there are similar projects in the desserts of mexico.
(125)
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drunk@noon
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Post by
drunk@noon
on Apr 15, 2021 4:09pm
mineaccntant:n given it's near surface and straight oxide...
heap leach, we are talking extremely low cap ex and op costs. It seems to have extemely low execution risks. I took a small position and have started DD and look to take a larger position. What am I
...more
(27)
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JGibbs
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Post by
JGibbs
on Apr 13, 2021 5:15pm
SGO.V increased PP to $3 M
Great coverage for those looking for an undervalued Gold Jr explorer. Just increased their PP to $ 3 million too. Sonoro’s Cerro Caliche project in Sonora State Mexico, looks set to be a lot bigger
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(125)
•••
drunk@noon
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Post by
drunk@noon
on Apr 13, 2021 1:51pm
Darth comes across as trustworthy and he's buying in the
open market. Certainly a big plus.
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