$SGO.v Shares Seeing Possible Rebound Despite recent bearish trading, it appears shares of Sonoro Gold (TSXV: SGO) are seeing a rebound from the 50MA, hopefully continuing on the 55% gain shares made in late February.
Sonoro recently returned multiple high-grade gold intercepts at the Cerro Caliche project, highlighting 27.43 meters of 5.36 g/t Au.
Kenneth MacLeod, Sonoro’s CEO and President noted, “These positive assay results support our decision to continue drilling while moving forward with the proposed development of an open-pit mining operation. Confirmation of higher-grade intercepts at depth may suggest the possibility for underground gold mineralization. Further geological data is required, but we are very encouraged by these initial results.”
$SGO.v is currently trading at $.18 and is valued at an MCAP of $21.47M.
https://ceo.ca/@nasdaq/sonoro-gold-reports-multiple-high-grade-gold-intercepts