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 > $SGO.v Shares Seeing Possible Rebound

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Post by partystocker on Mar 24, 2022 12:26pm

$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