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Sonoro Energy Ltd. V.SNV

Alternate Symbol(s):  SNVFF

Energy Oil & Gas E&P
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

Sonoro Energy Ltd. > Private Placement Seller
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Comment by ark88on Jan 16, 2024 7:45pm
144 Views
Post# 35830282

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Private Placement Seller

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Private Placement Seller
StratCap wrote:

copperplay wrote: Yes but anyone who have participated in any financing in the last 7 months know they are close to announce MENA so why not wait and sell at much higher price ??

why I think it is old management 

IMHO I believe its the legacy warrant holders. The ones that have been extended many times. Those warrants expire May 2024. Has the outstanding share count been rising lately? Just about to board a plane. 

GLTA.


That makes as much sense as any. What a sh#tshow. Who would've thought this would happen as we begin production. Not me. 

Every actor is a rational agent. Even this seller, be it legacy warrant holder or a shorter, they are rational in their actions and as such one can recognize patterns. It seems to me this is not dumping but rather a careful selling. Of course, this is the case until it's not. We'll see tomorrow or next IMO what this selling is. GLTA!
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