SGO.V - Outperforming the gold sector by a longshot Sonoro Gold has been outperforming nearly every gold miner over the past few months. I saw that it was WallStreetWindow’s (Mike Swanson’s) top stock pick for July, and it certainly is performing like one, +18% since the beginning of the month (even despite gold’s selloff)
- $SGO is an advanced stage exploration stock with properties on track to reach production shortly
- With consistent PR and with an experienced team, it looks like everything will continue moving along as planned
- Plans to develop an HLMO at the flagship mine in Mexico
Overall, Swanson has a bullish view on $SGO, but that’s for good reasons. It has fantastic properties and a great management team behind the company. Read more about it here: https://wallstreetwindow.com/top-stock-pick-for-july-2021-sonoro-gold
- A recent news release also went over targets for the fall drill campaign and surface sampling/materially extending oxide gold and mineral zones.
- Collected 1,292 soil and surface rock samples. Methods include chip sampling perpendicular across measured veins and wall rocks.
- Confirmed 600m southern extension of the El Colorado - La Ventana Corridor and a 750m southern extension of the Buena Suerte - San Quintin Corridor
- High silver content found at the La Magdelena - La Espaola corridor. 1m avg: 1,230g/t Ag and 6.6g/t Au
- Total drilling now comes to 34,500m by the company and 47,500m, including historical numbers
Now they’re just waiting for NI 34-101 technical reports to get an upgrade on their mineralization classification to build an HLMO with an initial operating capacity of 15,000 tpd.
Full article: https://finance.yahoo.com/news/sonoro-gold-reports-surface-sampling-130000051.html
Great stuff from the company, and I can’t wait for the future! Will definitely be loading up during the dips here and holding for the longterm. Check out this podcast from John Kaiser's weekly Discovery Watch Report, where he goes through his analysis, outlook, and expectations for $SGO: https://www.youtube.com/watch?v=G7X23fR7vyg