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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 cromanon May 03, 2011 10:48am
212 Views
Post# 18522335

RE: Low Volume

RE: Low VolumeI would  say that on these red market days  ( like today) ,  the sellers do not believe that they should have to discount their asks any further than they have, and on the other side of the table the buyers are sitting and waiting patiently on the sidelines hoping that there are sellers out there that have to unload their position.
bottom line,,,,, nobody wants to budge from their position.
Bullboard Posts