Sonora Resources Corp. (OTC:SURE), f.k.a. Nature’s Call Brands, has been running up since the beginning of April. Yesterday, it had a solid session on what appears to be an overlooked piece of information.
The price scored an 11.11% increase, which resulted in a $0.60 close on 301 thousand shares.
The apparent reason for the high-volume price jump is a publication on azomining.com. It concerns the commencement of a geophysics program at Los Amoles. Yale Resources has begun the program on behalf of SURE.[BANNER]
One of the odd things is that the company itself hasn’t issued a PR about that. The other thing is that Yale resources published the news back on May 5.
The latest financial report is for the quarter ended on Feb. 28, and here are the numbers:
- $143 thousand in cash
- $39 thousand total liabilities
- $115 thousand net loss
It is way too early to say where this one will go. It is evident, however, that some traders are interested, and it could turn out to be an interesting stock to follow.
