π¨π₯ $SGO $SMOFF Webinar Summary Threadπ₯π¨
#gold #GoldStocks
Will cover
- Property π²π½
- Approach
- Upcoming π
- Financing
- Chart π
LINK:
π§π§ ππ€π
$KL $ELD $ABX $LUG $SSL $DPM $AEM $AGI $KDK $ROS $GXS $GL $GLD $NFG $EQX $GBR $RLG $NXS $PAC $TGM
#gold #GoldStocks
Will cover
- Property π²π½
- Approach
- Upcoming π
- Financing
- Chart π
LINK:
π§π§ ππ€π
$KL $ELD $ABX $LUG $SSL $DPM $AEM $AGI $KDK $ROS $GXS $GL $GLD $NFG $EQX $GBR $RLG $NXS $PAC $TGM
$SGO PROPERTY - Cerro Caliche - Mexico
- Dozen of other mines surrounding them
- 4 high grade zones (slide)
- Great extension work on these zones
- All zones are shallow - mineralization starts at surface down to 80m
- Assays coming in Jan
- Dozen of other mines surrounding them
- 4 high grade zones (slide)
- Great extension work on these zones
- All zones are shallow - mineralization starts at surface down to 80m
- Assays coming in Jan
$SGO APPROACH
- Production to generate cash flow to further expand operations
- Insiders hold 21% of shares = highly motivated
- Looking to advance share price thru fundamentals
Investigated 20% of prospective mineralization = reasonable to assume million ounce resource π
- Production to generate cash flow to further expand operations
- Insiders hold 21% of shares = highly motivated
- Looking to advance share price thru fundamentals
Investigated 20% of prospective mineralization = reasonable to assume million ounce resource π
$SGO UPCOMING
JAN - gathering all drilling results to date - confident that will benefit resource update and provide recognition of $SMOFF move towards production. Keep an eye for inflection here
If able to identify higher grades at depth it could double the size of resource
JAN - gathering all drilling results to date - confident that will benefit resource update and provide recognition of $SMOFF move towards production. Keep an eye for inflection here
If able to identify higher grades at depth it could double the size of resource
$SGO FINANCING
- Approached by parties to provide further financing
- In Jan $SMOFF will have info from updated resource to be able to identify most likely participants at best price
- Current cash = enough to complete PEA (metallurgical testing)
- Post January announcement
- Approached by parties to provide further financing
- In Jan $SMOFF will have info from updated resource to be able to identify most likely participants at best price
- Current cash = enough to complete PEA (metallurgical testing)
- Post January announcement
IMO $SGO goal for production in 2021 of low grade #gold mineralization starting at surface to fund further exploration is smart. Their updated resource should show significant expansion which should bring more volume. Definitely one to consider at these levels. $SMOFF
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