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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 copperplayon Oct 17, 2023 6:45am
120 Views
Post# 35686665

RE:RE:RE:Snv valuation

RE:RE:RE:Snv valuation

FabiusCunctator wrote: If the rumours of major new production project acquisitions are true then this stock could truely rocket as long as there are not huge capital read dilution requirements.

When I look at the composition of the board I just know that something big is inevitable.  SNV hjas already out performed this year but it could be in for a truely religious ride upwards.

 

Any new major project will require $200 - $300 million to fully develop just like Selat Panjang but this is where a Major can step in and operate as the Bank while collecting a hefty return on their investment or Sonoro will have no problem raising big money around $1.00 after reserve report announced except this time we control everything 

Back to 36 cents we go well done Longs 

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