Sonoro Gold Corp V.SGO

Research Report on SGO

[boogawooga8558]

A research piece on Sonoro Gold ($SGO.V / $SMOFF) put out by ‘Equity Research’ detailing the path to production in the coming months, expected cash flows, and increase in resource.
https://equityresearch.ch/wp-content/uploads/jun-22-us.pdf
 
This is a top gold pick of mine as a re-rate in valuation in certain imo as SGO moves from explorer/developer to producer over 2022 into 2023. The best intercepts that they have drilled happened over the last few months and are not included in the resource estimate and PEA. There is significant upside ahead and I’m expecting a multibagger.

[waves1]

This is a very informative piece - thanks for sharing!  It's notable that $SGO is aiming to minimize dilution & use cash flow from production to fund further exploration of the project. Great to hear they're in the final phase prior to mine construction as well - I'm eager for the project to develop as $SGO is emphasizing the fact that Cerro Caliche is going to be much