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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 dreamer05on May 17, 2013 5:13pm
88 Views
Post# 21411026

RE: RE: RE: Why the rise ..?

RE: RE: RE: Why the rise ..?

Most buy order comes from house 15. This person obviously know something favourable is going to happen. This insiders are the one who makes most of the money in a very short period of time, while other shareholders have to accumulate those shares in 2 to 3 years. The stock broker of house 15 probably knows who this person is. This is a good news for shareholders. However it is also unfair for all ordinary retail shareholders who do not have this kind of information. To invest in venture stocks you have got  to be some kind of insiders to make money. The permit snv got last year is legal and should not wait for the approval of the changed Government. All signed documents should be treated as legal .They should start preparing for the drilling, at least  for the finding  of heavy oil. Everyone knows that during drilling it is possible other things could   be find on the way,such natural gas, oil, etc. those are bonnus materials. Your are not going to refuse  those materials. It is the same as you are mining for gold and on the way you find silver, platinum or nickels. The logic is, start the drilling preparation and at the same time keep on procuring other  permits if needed  along the way. If for whatever reason something is found the Iraqi Government is not going to stop the flowing of revenues. Start the drilling , snv has all the necessary permits.. atleast for heay oils the provincial Government.

 

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