RE: RE: RE: What next .....
Yes the company has changed focus but in a very positive way ...
We have the technology to deal with heavy oil but we did not have the oil !
We have now become an exploration company looking to explore in a region of iraq which has between 45 - 60 billion barrels of oil yet to be discovered.
For me this is a win win situation as we can explore for our own oil and then use the technology to make our oil profitable.
These guys have done it all before with bankers petroluem and made themselves a fortune buiding it to a 9 dollar share in a heavy oil region of albania which was at the time a highly speculative region like iraq.
Now the same guys are involved with sonoro and using it as a vechicle to get involved in the lucrative & vastly unexplored region of Sal ad din.
I'm bullish on this stock based on a team of professionals who have put their money where it matters in buying at the top end of the share price which says to me there is a lot more to come in the next months ....
30 cents to buy into a company that holds the biggest land exploration licence in Iraq is a steal but pls do your own research on this b4 u buy.
Cheers
Buzz
.