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Bullboard - Stock Discussion Forum 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... see more

TSXV:SNV - Post Discussion

Sonoro Energy Ltd. > Confused.
View:
Post by Uptonothing on Sep 29, 2023 6:25pm

Confused.

Honestly can't lie, drill guarantee before 30th, ( tmrw ) but not even after hours news. Seems weird fam.
Comment by Schloppasnv on Sep 29, 2023 7:09pm
They have to that date to complete it. When it's done the news will follow. So if the date lapses and then crickets.. I'd be concerned. But not worried myself personally, as I believe all is well
Comment by KickPumpForGoal on Sep 29, 2023 10:13pm
Ive held this stock since 2014... communication / PR is the worst at this company. I wouldnt be surprised if they went silent. Just glad i got partial my principal back.
Comment by BCherb on Sep 29, 2023 11:27pm
If it's guaranteed, and stated... is it still news? Or is it just fact at that point. If I say I'm going to be at your house and water your flowers on Saturday when your gone for a week, am I obligated to let you know that in fact the flowers have been watered? Lol
Comment by ark88 on Sep 30, 2023 11:03am
Well, the September 30 deadline comes and goes without news. Irrespective of whether the day falls on a weekend or not, the date passes without acknowledgment from management. Not happy.
Comment by Schloppasnv on Sep 30, 2023 1:47pm
Next meeting we should ask them to kindly do a NR stating they are going to release a NR. Lol 
Comment by eXclusif on Sep 30, 2023 4:36pm
Monday is a STAT in some companies.  Don't expect anything until Tuesday 
Comment by copperplay on Sep 30, 2023 9:10am
based on no news but stock at 22 cents suggets to me anyway this date of September 30 has been moved.  We need clarity next week but Sonoro in the past during Budong days always press released Rig getting contracted, then moving on site, then drilling and assume they will do the same with this project
Comment by Tekeela1 on Sep 30, 2023 4:45pm
I'm not sure about that!  I'm also not sure why they would say in a September 13th news release that they were on track to have the first well spud by September 30th. One would have to assume they have all that done. At least have the rig contracted and moved on to the site.  If they didn't they have no right to say it will be done by September 30th. 
Comment by ark88 on Sep 30, 2023 5:55pm
September 30 was noted as a significant milestone numerous times. It's unfortunate that management chose to let it pass without a comment, irrespective of whatever the contributing issues there maybe.  I have no information that indicates we're not on track. Just airing some frustration here.
Comment by MJB4231 on Sep 30, 2023 6:20pm
You do realize everyone that today is the 30th. Can't announce anything on a weekend. I think the 30th was chosen specifically for a Monday release. Nobody has missed anything. 
Comment by Tekeela1 on Oct 01, 2023 1:30am
I guess we will see!!
Comment by MJB4231 on Oct 01, 2023 8:09am
So what you're saying or implying is that because they didn't do a NR early before deadline then there's an issue!?... I don't accept that hypothesis. Management is very clear of investor sentiment and meeting deadlines this time around. Thus far they have been killing it with as much information when and frequently they can. This is a much different approach and company. We are in ...more  
Comment by MJB4231 on Oct 01, 2023 8:17am
One last point I would like to add that may have been mentioned here previously is that our law firm we now use is probably one of the best firms in the country. I think we also learned that lesson. Nobody and I mean nobody will be willing to mess with us over any contractual things. We are iron clad. Based on this there is no agreement issues. If there ever is they can squeek and jump up and down ...more  
Comment by ark88 on Oct 01, 2023 11:44am
Nonsense talk that has nothing to do with the issue at hand. The deadline of September 30 has come and gone. Given that the date falls on the weekend, the first opportunity for news was Friday, the day before. Now, the next opportunity is the next business day, Monday. Not happy that the first opportunity was missed.
Comment by Smoggy123 on Oct 01, 2023 12:57pm
So if the deadline was the 30th and work was still being done how would you expect them to issue a release Friday? Are they fortune tellers?  There is absolutely nothing wrong with there being no release yet. If there's nothing by Tuesday then I would consider that an issue
Comment by ark88 on Oct 01, 2023 3:28pm
What is it that you don't get? It's not ON September 30 but BY September 30. It's not COMPLETED by September 30 but SPUD (start drilling operations) by September 30. Based on the news 2 weeks ago "we remain on target to be spud BEFORE September 30...". Hence, it was reasonable, if not desirable, to expect news on Friday.
Comment by Uptonothing on Oct 01, 2023 6:53pm
My point exactly, seems pretty clear to me lol. let's hope on next open I guess, dunno why people trying to justify plain English, may be all longs but it was pretty clear man! 
Comment by Uptonothing on Oct 01, 2023 6:55pm
This comment really doesn't make much sense, lol. when you NR that's before 30th the holders should have update on the Friday prior due to weekend. Pretty straightforward. 
Comment by Smoggy123 on Oct 01, 2023 7:25pm
LOL. At least we can all agree there needs to be an update Monday. 
Comment by copperplay on Oct 01, 2023 12:52pm
One press release can end this confusion hope to see it tomorrow pre market  The stock is now poised for amazing capital gains to shareholders 
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