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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

Comment by SMlachakeon Sep 30, 2022 2:11pm
74 Views
Post# 34998101

RE:Raise Money

RE:Raise MoneyMy opinion here does not change, especially looking at that insider holding with not market activity whatsoever. I have come to conclude that these guys treat the market and therefore none insider shareholders with a level of disdain. That in short can only mean that they have another way out. I don't for onces thing this management is incompetent. They are doing what they want and how they feel like. If they are all in Indonesia and burning cash, they must know why and must have seen a reason to be all there. I don't believe these will be halted and traded to finance and grow organically, I believe this will be sold. This is why reserves report are significant, the only commitment they seem to have hinted at to date.. we just need to hold on and will eventually make want they make.. it's painful but I still believe it will be worth the risk and the pain.
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