Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by copperplayon Jul 13, 2022 1:43pm
94 Views
Post# 34821364

RE:RE:RE:RE:More Nat Gas Troubles And SNV Has Over 1 Billion Cubic Feet

RE:RE:RE:RE:More Nat Gas Troubles And SNV Has Over 1 Billion Cubic Feet

SMlachake wrote: There is no denying that the market is weary of the issues the company had around 2019. In my opinion, the events of last few months only prove what the new CEO knew to assume that role without much prestige. The company has a good hold of its rights and the reserves are massive. So yes, someone is aware and is accumulating in a controlled way. Almost every company that was producing came at least X10 on SP between 2020-2022. SNV will recover that for .5-.75 by December with Reserves and production updates. Longer term we could see SP around $2 with some drilling and minimal dilution due to production and higher for/if acquisition. But let the reserves help judge final SP.

 

I agree and as soon as any financing is completed expect the reserve to be done within 30 - 60 days and the stock exploding in anticipation of that HALT

Good luck 6 cents is crazy 
 

<< Previous
Bullboard Posts
Next >>