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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 RoyMax123on Nov 30, 2022 11:58am
87 Views
Post# 35139989

RE:RE:RE:RE:RE:RE:RE:SNV

RE:RE:RE:RE:RE:RE:RE:SNVFor the same reason, make SNV spent money. The MOU was not an opportunity to raise money or  they would already did it, they need a JOA in place to be able to raise money nobody will put money into this with just a MOU.

ark88 wrote:
RoyMax123 wrote: Why did they called us back to the table ? Maybe it's to make sure that SNV will spent their lasts $ and goes belly up so they can  legally have 100%.
 
I don't know how people can still be positive, look at the SP, it's saying a lot. No support at all, it will probably go back to .02  before year end.
 
To me it's a 99% chance that it will be another failure but I have been here for so long that I'll stay until they either goes belly up or make us happy. 
 
ark88 wrote:
Schloppasnv wrote: By law we should have pocket aces. Trump card is they called us back to the table. Patience and we have a .  Show us the RR (the river card)

I agree. If they wanted to take the entire PSC for themselves, why did they called us back to the table and then sign a MOU? Someone please explain this to me.
Of course there's no guarantee but I believe we still have value here.
Pay us to go away or sign and get on with it!
GLTA!

 

Roy, then answer me this riddle.
If they wanted to wait it out and bleed us to death, then why sign an MOU? Why?
Why would you sign the MOU, breathing new life into a comatose company, possibly giving us an opportunity to raise funds to continue the quest. Why?


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