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Bullboard - Stock Discussion Forum 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... see more

TSXV:SNV - Post Discussion

Sonoro Energy Ltd. > End of the line
View:
Post by MJB4231 on Sep 14, 2021 1:43pm

End of the line

Well... I think I've hit the end of the line and now planning my exit strategy. Been here 5 yrs... SP is in the same place as then and no real developments of this advancing. Real risk was winning PSC and felt this was Ana amazing investment opportunity. GLTA
Comment by StratCap on Sep 14, 2021 2:01pm
  cant blame you at all. Im happy i lightened my load when the stock went up when Kirk was announced. This looks headed to .03 cents or lower. Not buying here until something changes. hard to believe management after 5 years cant advance a project in Indonesia. You would think its time to find another jurisdiction to offset the geopolitical risk especially after Budong. Its all good that ...more  
Comment by copperplay on Sep 14, 2021 2:49pm
  our partner loan is due next month maybe they take us out at 3   
Comment by StratCap on Sep 14, 2021 3:00pm
  i hope they are happy with their .10 paper.
Comment by copperplay on Sep 14, 2021 3:08pm
  read the press release again my interpretation is that is only if they take stock at 10 and why not take the hole company instead?? am I missing something?
Comment by GeorgiaStreetE on Sep 14, 2021 3:19pm
Someone is certainly ready to buy today for anyone willing to sell at 3.5. Fat bid waiting.
Comment by RoyMax123 on Sep 14, 2021 3:29pm
There's always someone to catch a falling knife.
Comment by copperplay on Sep 14, 2021 3:32pm
  weed out the old shareholders and raise money with new group 
Comment by copperplay on Sep 14, 2021 4:15pm
Find a project that management can actually control  best thing that could happen for SNV is lose this partner and Indonesia project 
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