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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 caveatemptoreon Oct 12, 2021 2:37am
175 Views
Post# 33996241

You were ALL warned to stay away from SGO

You were ALL warned to stay away from SGOIf I recall earlier this year MineAccountant warned EVERYONE to "stay away" from SGO. He correctly pointed out the failed history of the company with regulators; being forced to retract multiple disclosures and press releases. Many believe the name change from Sonoro Metals to Sonoro Gold of the Company quickly followed in order to obfuscate the poor securities record, the change in stock symbol is the giveaway to the trained eye. MineAccountant also warned you all that Darch admits he only joined because he felt compelled to help out due to a friend that died within the company. He did not join as he discovered something great. Also the past success in other ventures is no indication key people will do well here, each investment rises and falls based on its own merits, clearly this one is failing hard now and momo has it headed to 10 cents and under in no time. MineAccountant warned about the ify numbers and like sheep people came out of the woodwork to talk about heap leach like it was some exceptional thing... no it is in fact a marginal at best proposition in the case of SGO as it is ULTRA LOW GRADE, not just low grade it is poor grade. Plus there is the issue of the government coming for its extra pound of flesh, as First Majestic will attest to, it is not if but only when they come after the company and chase managment personally if they don;t bend a knee. Talk to you next after the more than likely roll-back at 8 cents = 80 cents with a 10 for 1 share hair-cut imo.
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