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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 May 03, 2020 10:34am
156 Views
Post# 30980892

RE:RE:RE:RE:RE:SNV....Target price...

RE:RE:RE:RE:RE:SNV....Target price...
Lovethegains wrote:
Ayu, you've changed your tone. Days ago you thought we should all dump.

 
The question i answered relates to what happen if those events were to happen and I answered it in relation to that question.

My tone is still the same that until it is proven, we are still at the mercy of our partner.  Between now and then, the partner can still screw us by telling SNV they are not interested in starting the project. 

I think all of us cannot get out of our position without taking a substantial loss.. I myself have to double down in the oil's recent rally to recoup most of my losses from this stock .. it's not fun.. i would of made alot of money rather than recouping alot of money. 

Anyway... we'll see.. but Budong is a goner... don't even think about it until SNV can get Salet working .. i think YYC gold us that SNV couldn't honor their commitment on Budong which made us loss that block.. regardless of SNV's reasoning, i think it is a big mistake to not honor their commitment.  They will not get it back in the near future.

Good luck to us all. 


Bullboard Posts