Bullboard - Stock Discussion Forum Sonoro Energy Ltd. SNVFF

Primary Symbol: V.SNV

Energy Oil & Gas E&P

Sonoro Energy Ltd. is a Canada-based oil and gas company. The Company is focused on oil and gas exploration and production in Canada and abroad, including the Middle East/North Africa (MENA) region, southeast Asia, and southeast Europe. The Company holds a 70% working interest in a proven Waseca channel heavy oil resource fairway, which consists of 1,840-acre contiguous oil field located in the... see more

TSXV:SNV - Post Discussion

Sonoro Energy Ltd. > Press release

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Post by Jimmy1page on Dec 22, 2023 9:56am

Press release

I thought the release yesterday was very good and now the market has had time to digest it. I say we get to .20 today.

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Comment by SlyFox1 on Dec 22, 2023 10:10am

Agreed, also think we could be seeing some pressure on the bid from both warrant and tax loss sellers. This spiked into the 30s at one point. if an unknowing investor bought at that time. possible they are selling for a tax loss currently. Will be a lot cleaner and easier for SP to move up come January

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Comment by ark88 on Dec 22, 2023 11:14am

It's frustrating the lack of market interest. Clearly, the market wants to see more. Exactly what that is open to debate at this point. From my perspective, we need some clarity in terms of plans and the associated funding. I get and appreciate the new levels of communication from management, but there is also a sense that they're making plans stratisizing as we go. Also a clear stated ...more

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Comment by copperplay on Dec 22, 2023 11:41am

The market is waiting on clarification of these warrants and exactly how much being raised and if insiders are all in they have waiting until the last minute

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