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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 StratCapon Sep 30, 2022 2:21pm
85 Views
Post# 34998129

RE:Raise Money

RE:Raise Money

SubinC wrote: I am really beginning to wonder how is the company going to survive the next few months. If all the guy are in Indonesia, they are defnitely burning cash.
Do we see them raising some more funds?

 

The one thing that also kept me interested in this lottery ticket is that the management have been trying to advance this without being compensated with salaries or by selling stock  or RSU's

 They have managed to keep us in the game for this long. It would have been easier for all of the management to just move on and let the shell go to a new group that would have reversed the stock 50 to 1 and maybe got into crypto or something.

Something must be there or they would all just move on to something new that isnt so difficult and way more rewarding. 

Im still here and am waiting to check my numbers when the draw happens. Its basically that simple for me regardless if anyone criticizes my thinking. 

No guts, no glory. Good day all.

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