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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
Post by realitystrikeson Mar 14, 2018 3:12pm
202 Views
Post# 27715369

My 2 cents

My 2 centsWe can speculate all we want on the outcome of PSC at best its a guess. If you keep emotion out of it and deal with the facts I feel it becomes clear. We know as a fact the extension was denied and we know by this fact that if it does not get resolved this stock will be worthless. For this reason I sold out uponTRADE RESUMPTION. My thoughts are simple I recovered  a little less than half of my losses and have already put them to good use. If there is a turnaround in the decision I will jump back in on the rise or take part in the PP which is sure to come soon after. I originally bought in on the premise that they have oil and this would be a 10 bagger minimum. Getting the extension is only stage 1 of many stages to come if they do get approval so there are many jump in points. The one thing I know for sure in this do or die situation as someone said in a previous post "I live to fight another day" JMO GLTA.
Bullboard Posts