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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Sonoro Gold Corp > Further dilution to fund the actual building of the project

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Post by drunk@noonon Apr 19, 2021 11:55am

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Post# 33022058

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 outstanding. I haven't a clue.

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