SMOFF Sonoro Gold Corp.

$SMOFF At $.012, Sonoro Gold $SMOFF is clearly undervalued, which is probably why the company many eventually spin off their San Marcial project. The market obviously is putting zero value. Looking at their filings and past communication on the project, here are the details of San Marcial: ~1,016 hectares 100% ownership historic San Marcial and Soledad workings multiple gold/silver anomalous structural trends historical high-grade samples extensive soil geochemistry location in the prolific State of Sonoro mining environment Sonoro has said that the project may have potential for large gold-silver mineralization and believes further exploration—including a substantial grid drilling program—is justified.But the capital raise should be on the spinoff and not on the Cerro Caliche project. Time will tell

$SMOFF Junior miners are under pressure, especially those like Sonoro Gold awaiting final permitting. The RSI on SGO.v/SMOFF is near 30--usually seen as oversold. Looks like a coiled spring with any news on permitting. Expecting the drilling results for the next 10,000 meters soon.

$SMOFF $NRRSF $SMOFF Junior miners did great last year when gold prices broke out to over $5400/oz. Thankfully, I took a great deal of profits. But, IMO, there are junior miners that have sold off beyond reason. Sonoro Gold is awaiting permitting for its proposed open pit gold mine in Mexico. There is little doubt, based on drilling results, that the production potential is significant. And because the Cerro Celiche project would be the first producing gold mine for SMOFF, Getting a permit and moving to production from exploration s the "sweet spot" for value expansion. Norsemont is pursuing a permit for their project in Chile--which would be a restart of a former producing mine. Check the stock charts...