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.

TSXV:SGO - Post by User

Sonoro Gold Corp

<< Previous

Bullboard Posts

Next >>

Post by partystockeron Dec 12, 2021 10:56pm

248 Views

Post# 34223902

$SGO

Trading volume began to rise for shares of Sonoro Gold $SGO late this week. After a large selloff sparking a 56% dip in prices of the junior mining company, prices have been consolidating near a base of $.17 for the past few weeks.

$SGO has announced a 10,000-metre drilling campaign for their Cerro Caliche Gold project in Mexico after updating the project’s resource estimate based on new surface sample testing.

I am expecting news on the status of the project to be the perfect catalyst to lead prices of $SGO into a bullish reversal. Should shares establish bullish price action, I’m expecting to see a retest of resistance at $.35. Meaning a 107% gain from current prices.

https://ceo.ca/@nasdaq/sonoro-gold-announces-10000-meter-drilling-program

<< Previous

Bullboard Posts

Next >>

Understanding tax loss season and the “Santa Claus rally”