Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Sonoro Gold Corp V.SGO

Alternate Symbol(s):  SMOFF

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 > Interesting SWOT analysis on gold
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(43)
•••
Post by Stockydocon Mar 30, 2022 3:27pm
116 Views
Post# 34560205

Interesting SWOT analysis on gold

Interesting SWOT analysis on gold$SGO.v recently posted an article which discusses the strengths, weaknesses, opportunities, and threats for gold.

Details:
- Strengths: People piling in on gold as it plays its age-old role as a haven in times of crises and war, 10% surge in gold prices since the start of 2022, with demand for bars and coins hitting 1,124 tons in 2021.
- Weaknesses: Russia's stash of gold will be challenging to sell, South Africa gold mines halt and Johannesburg "lockout".
- Opportunities: Mergers and acquisitions starting to resurface, mining companies likely to outperform over the next three years.
- Threats: U.S. senators are now trying to cut Russia off from gold as a source of hard currency and gold's rapid rise to near record levels causing buyers in India to hold off on purchases.

Really interesting read - I'd recommend giving it a look. https://www.kitco.com/commentaries/2022-03-21/Gold-SWOT-A-surge-in-gold-prices-is-turning-into-a-boon-for-bullion-dealers.html
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities