Shares of Sonoro Gold (OTCMKTS: SMOFF) have been rallying hard this month, despite the big increase in volatility we have seen in the financial markets. While Bitcoin fell below $50,000 and plunged down over $20,000 this month, shares of Sonoro just went up and up as you can see from this chart.
The shares are now pausing in a narrow range, consolidating under 30 cents. This is likely to lead to another big breakout run in a few weeks, making this a good entry point. What is going on with this stock?
I had it as my top stock pick of the month earlier this year before the May run, but mining expert John Kaiser did a report that helps to explain what is going on with the company now and why he sees the potential for more big gains.
You can access his report on it here.
And he also did a second report with even more info here.
Disclosure: Mike Swanson owns shares of Sonoro Gold. Because Sonoro Gold is a small cap stock with a market cap of less than $100 million he has put himself in a trading blackout on the stock and will not buy or sell a share of it for at least 30-days from the date of this post. . Wallstreetwindow.com, is owned by Timingwallstreet, Inc., which was compensated by a third party (Leadgopher LLC DBA Pinnacle Ad Network) to conduct an investor awareness advertising and marketing campaign for Sonoro Gold in January of 2021. This compensation should be viewed as a major conflict with our ability to be unbiased, more specifically: This communication is for entertainment purposes only. Never invest purely based on our communication. For more on trading risks read our policy statement by clicking here.