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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

Comment by yycblackgoldon Nov 09, 2020 10:05am
117 Views
Post# 31862249

RE:SNV Update

RE:SNV Update
copperplay wrote: Despite Goldy - Fishercat best efforts with lies and sensless pumping here is where we are today.

I hope I speak for George, Sask, SubinC, YYC, Love, MJB, Slyfox, Bales, Samknows, Treetop, Madam, Martinedale, Stratcap

Who bashes a stock they own...I do and here is why.

I am tired of this current management team and want them gone at the upcoming AGM so make sure you all vote.  They over promise and under deliver time and time again.  All they know how to do is re price or extend warrants to suit themselves, keep company for going under by funding through stock, and feel we owe them something for that.

Read the May 7 2019 press release.  It clearly says JOA and PSC to be executed in the next few days.  Well PSC was signed 6 months later and JOA is 18 months and counting now and still not done.

This is my reason to believe don't expect these reports any time soon and looks like the Market agrees with me.  6 cent bid today November 9, 2020 

All educated responses welcome and would like nothing better than to see this stock at 20 cents where it is worth but unless we get new skin in this not holding my breath.  And yes I could sell and move on but not going to do that because I know these shares are worth much more if this current management team did even half of what they promised would do after winning this PSC in May 2019.


All good points and I cannot disagree with you.

We are hoping that this reserve report will truley value the company and initiate something, either a transaction or progression on restarting work plan.

The only good sign is that they did commission the report, they did not initiate this for nothing, there must be a valid reason for doing so.

As always they have not meet even this timeline, but hopefully again there is a valid reason, something in the background is going on.

I too am holding, and hoping as always, best wishes to all.

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