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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. > Discussion
View:
Post by MJB4231 on Oct 03, 2023 8:45am

Discussion

Some very sound dialogue on CEO as to a possible strategy change to a change in horizontal in well 1. Very plausible opinion
Comment by MJB4231 on Oct 03, 2023 8:53am
In case nobody noticed yesterday but RBC & Cannacord were accumulating large amounts. Don't give it away 
Comment by thorgb1 on Oct 03, 2023 9:21am
Somewhat plausible, but why wait until the last minute? And why not update the shareholders accordingly? On Sept 13 in the PR they said everything was on schedule to spud before Sept 30th. Incompetence at best. They need to get better at communicating news to the market.
Comment by Tactical316 on Oct 03, 2023 10:47am
Where in the September 13 NR does it say they are going to have a press release on the 30th? Come on let's use some common sense here.  And to all you naysayers , have any of you worked on a drilling rig? Do think you just drill to the desired deapth and things magically happen.  Presto there is the oil flowing to a processing plant? 
Comment by RoyMax123 on Oct 03, 2023 11:02am
The fact that the Sept 30th Spud date was part of the initial agreement to own 70% interest by itself would justify an NR and now that they don't have a licence to drill anymore would also justify an NR as to why nothing is happening right now.
Comment by StratCap on Oct 03, 2023 11:46am
I do think they should update the market as to the plans or current situation based on the fact we are now into October. It is correct that the licence was cancelled on September 18 but also of note, the two wells that were licenced both indicated that they were going to be verticals. They would have had to re apply for a licence for the horizontal as they guided in the press release as Well #2 ...more  
Comment by copperplay on Nov 02, 2023 12:37pm
  this fool opened his account in September 2023 so you know his motives  ignore 
Comment by SlyFox1 on Nov 02, 2023 12:56pm
yep so many new fools and some old fools coming to bash this stock. big things are coming and they can bash all they want. It we all know who will be laughing when this is a dollar stock. Won't be these fools bashing 
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