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Bullboard - Stock Discussion Forum Sonoro Gold Corp V.SGO

Alternate Symbol(s):  SMOFF

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

Sonoro Gold Corp > $SGO.v Reports Promising Gold Values At Cerro Calliche
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Post by partystocker on Mar 02, 2022 12:57pm

$SGO.v Reports Promising Gold Values At Cerro Calliche

Sonor Gold (TSXV: SGO) has reported an economically viable 5.36 grams of gold per tonne at its Cerro Caliche project in Sonora, Mexico. Other sample results reported even more promising, smaller intercepts of up to a staggering 38.9 gold per tonne. 


This news on Cerro Cliche has been long-awaited. After multiple tests of the 50MA, $SGO.v recently broke above it on a considerable increase in recent volume. This news is coming at the perfect time to push shares into continued bullish price action. I’ll be watching for an even larger spike in volume to signal a strong buy for $SGO.v. 



As gold prices head towards a retest of all-time highs over $2000/oz, I expect that as news of $SGO’s report spreads, share prices will make gains rapidly. 


$SGO.v is currently trading at $.195 and is valued at an MCAP of $23.26 million. 


https://ceo.ca/@nasdaq/sonoro-gold-reports-multiple-high-grade-gold-intercepts

 
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