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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 ark88on Jun 25, 2024 9:43am
89 Views
Post# 36104788

RE:RE:RE:RE:RE:RE:Next Week $$$

RE:RE:RE:RE:RE:RE:Next Week $$$
RoyMax123 wrote: There's no deal until it's signed, the MOU is just a nothingburger. So the final deal (if there's any deal in the work) can be price at .12 or .005 or anything else

copperplay wrote:

Tekeela1 wrote: Maybe there will be a little volume to bring it down a few cents

 

the deal was set at 12 cents if we drop does this affect deal ???  




Will the deal be affected if the sp drops?
What do you think? Unbelievable that folks are this thick.
Why would Sonoro shareholders accept a deal if SNV was $0.05 rather than $0.12?
Conversely, why would the UAE co accept the deal if SNV was $0.25 rather than $0.12?

It's not a rule that companies have market makers hold the SP in a range until the deal closes.
Many will undertake such an effort if the deal is critical. I think this one is. 
That's just my perspective. Time will tell.

Meanwhile, stopping sitting on your hands and do what you preach and sell some shares.
Trust me it feel rfeally good.
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