Bullboard - Stock Discussion Forum 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... see more

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TSXV:SGO - Post Discussion

Sonoro Gold Corp > only paid pumpers posting here

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Post by baystock1 on Feb 09, 2022 12:33am

only paid pumpers posting here

Sonoro gold claimed they would have the financing to go into production by mid 2021. We are in 2022 now and no sign they will start building the production plant anytime soon.

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Comment by Swedeprof on Feb 09, 2022 1:04pm

I disagree although i share similar frustration; they have had some hiccups, no doubt. They are still progressing and SGO have a great asset that is still in infancy. And at a market cap of ~$15mm (with $3mm in cash) I think this has more upside than downside.

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Comment by ROCKY9481 on Feb 09, 2022 8:23pm

I agree, SGO is an absolute joke. Their performance is a disaster. Gold over 1800 and we are going down and down. One can imagine where SGO would be if the gold price retreats below 1600 again. So i really wonder, wtf is going on here and why have we lost so much in value in the last few months ? Does anybody have some insight ?

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Sonoro Gold Corp