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Sonoro Energy Ltd. V.SNV

Alternate Symbol(s):  SNVFF

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 Western Canadian Sedimentary Basin, Saskatchewan, Canada. The Company’s subsidiary, Sonoro Energy Canada Ltd. (Sonoro Canada), conducts its operations in the Province of Saskatchewan.


TSXV:SNV - Post by User

Bullboard Posts
Comment by yycblackgoldon May 03, 2020 4:53pm
131 Views
Post# 30981571

RE:RE:RE:RE:RE:RE:SNV....Target price...

RE:RE:RE:RE:RE:RE:SNV....Target price...
AyuFan wrote:
Lovethegains wrote:
Ayu, you've changed your tone. Days ago you thought we should all dump.


 
The question i answered relates to what happen if those events were to happen and I answered it in relation to that question.

My tone is still the same that until it is proven, we are still at the mercy of our partner.  Between now and then, the partner can still screw us by telling SNV they are not interested in starting the project. 

I think all of us cannot get out of our position without taking a substantial loss.. I myself have to double down in the oil's recent rally to recoup most of my losses from this stock .. it's not fun.. i would of made alot of money rather than recouping alot of money. 

Anyway... we'll see.. but Budong is a goner... don't even think about it until SNV can get Salet working .. i think YYC gold us that SNV couldn't honor their commitment on Budong which made us loss that block.. regardless of SNV's reasoning, i think it is a big mistake to not honor their commitment.  They will not get it back in the near future.

Good luck to us all. 



 

so if we announce we are starting operations will this convince you things will be better?

also I never said they won't get Budong back, please let me know where and when I did?  When Selat gets started Budong will be next for sure , they are not going to leave stranded reserves behind!

Bullboard Posts