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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 Jan 23, 2018 9:09am
145 Views
Post# 27414488

RE:RE:RE:RE:RE:RE:Extension

RE:RE:RE:RE:RE:RE:ExtensionI think the negative news that people are waiting for is the Private Placement to see how much dilution and the details of the warrants that will most likely be issued. 

i think the PP will also come with Extension deal and maybe offtake partners to soften the blow.

with the shareprice at 20c right now, that reflects to 20c pre-consolidation.  My question is.. aside from the consolidation, there's no extra "news" that justify the move from 2.5c to 5c 2 weeks ago.

their licensed is expired now.. so extending it would be making the company status-quo.  So, I'm just wondering, why is the price at 20c (or 5c pre-consolidation) now?    I'm gonna wait for news first
Bullboard Posts