Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Jul 17, 2013 1:31pm
92 Views
Post# 21613292

RE:How can own a oil company in venture for free ?

RE:How can own a oil company in venture for free ?Ammo, you made a mistake in your calculation. 2.025 millions will own 51 % of the company. However, if you wanted to buy  135 milion share on the open market you might need more than 1.5 c to buy the totol number of shares. There might  not  be enough shares available. But you did raise a point. The share price has been hammered in the last few days that it seems this company is worthless to own. What a pity for all sucked in existing shareholders. I myself is one of them. All we could hope for is  manaagement people do something to fix the problem, and get the permit to drill.
Bullboard Posts