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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 AyuFanon Dec 21, 2017 10:48am
148 Views
Post# 27205017

RE:RE:Insane buying going on here

RE:RE:Insane buying going on hereAccording to the November MD&A, they said the Consolidation of the shares will be timed with the completion of the well later in 2017.
Shareholder approval for a consolidation of up to four common shares for one was approved at the Company annual general meeting held on October 19, 2017. The consolidation of the shares will be timed with the completion of the well later in 2017 and as approved by the TSXV.

But people are saying they'll time it with farm out
so, if they told TSXV it'll be later in 2017 (which is 4 trading days left excluding today), are we going to see news in the next 4 days?
Gecko said they don't have 500k to do the last 5% of test.... which caused them to sell their shares... I somewhat believe that ... because they would hold if they know something is coming isn't it?  
These PP are given to the people they know.. or inner circle.. so if one of them said they don't want to hold too much for short period.. i would think about it.
I think that's the reason why the share price are at 2.5c..  the negatives are weighing down the positives and we are still waiting... money is the issue.
Bullboard Posts