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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 Mar 09, 2011 9:31am
152 Views
Post# 18256934

RE: RE: RE: 300k changed hands

RE: RE: RE: 300k changed handsI sure like the logic you guys have.  Stock collapses to 30 cents, and there is no buying pressure, there is a war in the middle-east with more countries joining the rebellion every day, and one buyer buys 300,000 shares and all of a sudden nothing else matters. 

How about the hundreds of other people who are selling.  How about the fact that oil production has halted in the Middle East.  How about the fact that every other week another country is joining the geopolitical war.  I remember with NTR fell from .90 to .70-.80 there were companies putting hundreds of thousands of dollars into it.  Then next the stock collapsed back to .40 cents over the next couple of WEEKS. 

Let's get back to reality.  If BMO jumps off the bridge, will you all follow too?  There's good money chasing bad everyday. 

The only thing I am saying is be cautious. 

-Millionvester

Bullboard Posts