RE:RE:Sonoro (snv.v)If anything.... I would bail out of SNV...they have drilled and have nothing to show for it as far as share appreciation...they have to raise more money to drill again and find out if the oil is even recoverable. They did a 4-1 reverse split and they are raising more money and are still waiting for permit extension, in my opinion they need more money to invest in new properties so the circle jerk can start all over again... first IRAQ now Indonesia and who knows what’s next.
I believe there is a lot better chance to find and extract oil from Albania and possibly sell to next door neighbors (Shell) who already have interest in the area.