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Bullboard - Stock Discussion Forum Sonoro Gold Corp SMOFF


Primary Symbol: V.SGO

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

TSXV:SGO - Post Discussion

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Post by yopmemama021 on Jun 29, 2022 7:07pm

SGO

$SGO.v closed up 3.6% @ $0.14 , mc $17.29M

$SMOFF

 

bottom could be in for $SGO considering the success of their phase 4 drilling program at the Cerro Caliche Project. 

 

Eyes on this to see how they advance the project with recent funds after closing a $ 2.4M private placement 

 

the completion of the drilling this month presented several higher grade intercepts and the expansion of several known mineralized gold zones 

 

the recent Preliminary Economic Assessment of the project stated a pre-Tax net present value discounted at 5% of USD $84.4 million (not accounting for the most recent drill campaign)

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