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

Post by FabiusCunctatoron Oct 11, 2023 8:37am
179 Views
Post# 35678318

The Strange SNV Market

The Strange SNV MarketThis stock sure has a strange trading pattern.  The published date for the drilling of the earn-in well has passed days ago and drilling seems not to have commenced, yet the stock remains bouyant on low volume.  In the absence of news this suggests that the public float is tight.  I am amazed by the tolerance of this market in a news vacuum especially given the recent wild price fluctuations.

The market is expecting positive news and the - pre-open is strong.  It seems to be expecting news in the very near term.

Given positive news and recent price performance IMHO, SNV could really perform explosviely -  as it has done of recent times.
<< Previous
Bullboard Posts
Next >>