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Sonoro Gold Corp V.SGO

Alternate Symbol(s):  SMOFF

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.


TSXV:SGO - Post by User

Post by 5baggercallson Aug 26, 2021 1:11pm
147 Views
Post# 33770090

Chart cleaning up very nicely!

Chart cleaning up very nicely!
Congratulations to whoever bought the free trading paper on $SGO $SGO.V that caused the dip into the 20s. We will be blasting to record highs very shortly. Catalysts coming include the long anticipated PEA where news zones will be added, increased resource estimate, increased recovery from metallurgical results. 
 
I love the potential here. Chart a bit choppy, but accumulation continues to be trending up, share price is pushing above MAs, MACD about to cross too. I believe the bottom is in from the PP and we will get a breakout soon on some of the upcoming catalysts – PEA, Assays, Mine Development, etc – all within a few weeks.

 

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