TSXV:SGO - Post Discussion
Post by
Swedeprof on Jan 27, 2022 11:42am
I like seeing this company hold so many shares by insiders
Saw this on iHub and thought this article was worth sharing
"Company insiders took down almost 20% of that nancing, with Ken and me each investing an additional $100,000 in Sonoro. In addition, our senior geologist, Mel Herdrick, and our mining engineer, Jorge Diaz, each contributed almost $150,000 to the private placement. Obviously, the Company is very excited about completing the nancing. Not only does it give us the ability to move forward, it also demonstrates a lot of condence that the senior people and insiders have in the Company, that they were prepared to contribute to the nancing to the extent that each did. It's worth mentioning that we've always contributed to each of the nancings over the last three years."
https://metalsnews.com/t1394596i
This was a great read, I started a position yesterday. will continue to bid and take some asks at anything below the PP price. I'm very happy adding to a Gold developer that'll be in production later this year.
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