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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. The Company has drilled two wells in Saskatchewan. The Well 11-30-32-23 W3 was a vertical well and the Well 14-29-32-23 W3 was a Waseca formation multi-lateral horizontal well with four horizontal legs for a total lateral length of approximately 1,600 meters. The Company’s subsidiary, Sonoro Energy Canada Ltd.


TSXV:SNV - Post by User

Bullboard Posts
Comment by millionvesteron Sep 30, 2010 4:35pm
170 Views
Post# 17514206

RE: RE: This stock is so manipulated it's not funn

RE: RE: This stock is so manipulated it's not funnI don't know about that.  I can see this stock dropping down to 32 cents by tomorrow.  Many sellers, very few large bids that disappear and re-adjust lower on a continual basis, showing a somewhat false support in my eyes.

I'm sure it wil turn around soon.

In regards to the JV, I don't see it pushing this stock higher IMO.  Didn't it cost them something like 1 million dollars?  The stock is very over-inflated right now based on the fact some big guys joined the ranks.  I'm sure we'll see big things happen, but right now there doesn't appear to be much cooking and it takes time after appointing a development team to get some action stirring, this stuff isn't done overnight.

My opinion, as they say, take it like a grain of salt.  I have my eyes on this company, but timing and manipulation makes me hesistant at this point.  I give them an A for effort, but the trend is going downward right now and it doesn't seem to want to stop yet.  I'll rebuy in the high 20s.

-Millionvester
Bullboard Posts