Sonoro Energy Ltd. V.SNV

Snv valuation

[copperplay]

Ark88

how do you get $38 million valuation on the 19 million shares?

Clearly the market agrees with me at 4 cents and your fairy tale dreams

I am holding a wack of worthless shares for way too long now and speak for every shareholder on here who is looking at this for what it is.  These guys continue to spit out fluff after fluff update and no material change 

Explain to me how your so optimistic and yet the market who is usually never wrong values this at all time low??  There are other shells on the venture exchange with nothing in them worth double Sonoro market cap

[ark88]

The debt paper that our partner holds expires Nov 25. But I think we will hear something before the end of this month and we will see if you are right or I am right.

[copperplay]

  ok let's wait and see.  If your right we will see 20 cents so the longer this stays at 5 or less means we are done with Selat Panjang and on to the next project and try and convince the market Sonoro is for real this time   

[copperplay]

  time running out Ark looks like I was correct.  Question now becomes what's next and are we dead ??

[ark88]

Yes, you were correct. However, you will be losing money just like the others who were incorrect. So whats your point?

[copperplay]

  who said we are going to lose money?  This venture is done with Oil in Indonesia why I asked what next ?  You only lose if you sell which if nothing happens by end of year will be lots of tax loss selling as this dog only loser in a year with nothing but winning stocks   

[copperplay]

What is even more strange is in the last 24 months Sonoro management have invested at 10, 7.5 and 5 cents to keep the lights on and now that we are apparently very close to a resolution on this gong show no one wants shares at 4 cents?? The market was trading at 6 cents not too long ago and today after this press release have sold off with big walls and bids dried up Hard to stay positive in

[Tekeela1]

Yep!  I find it all very strange. Though someone scooped up a whopping 67,000 shares near the close. Must be someone who thinks it will go back up to .06 cents   management put out about 9 news releases in 2019, 6 news releases in 2020 and 2 in 2021, with one of those coming at midnight last night.  Maybe the trend is your friend, and there will be 0 news releases in 2022.  

[GeorgiaStreetE]

The partner was never planning on pumping oil, and Sonoro did not approach this like they did the Budong. The partner doesn't even work in oil. This was likely just a plan to pump up the value with some new imaging/reporting, and flip the whole project off at a profit. On the plus side this is all possible with an extension if the damn partner shows any interest at all.

[copperplay]

  they have repeatedly ignored Sonoro makes you wonder why.  How long is this immediate demand from Migas?  Should be 24 hours after all this time waisted   

[MJB4231]

Agreed Copper. That's what I'd like to know is what's the timeline Migas is giving Jimmy before pulling it?

[BCherb]

This country is so f'ed, they could pull it and reward it 100% to SNV for anyone knows. It's a craap shoot at best. How much did you end up selling as your exit strategy?

[MJB4231]

I was implying pulling it from Jimmy who's in breech by not advancing his obligations. Sonoro is not in breech and appears in good standing with Migas. Asking how long did Migas give Jimmy to respond in letter

[copperplay]

  Management can tell the world all they want just how good things are and can take the entire PSC from Jimmy but no one believes them anymore.  If things are good you will see the stock move prior to news.  October is show your cards month   

[MJB4231]

Enough talk... Let's get this DONE!

[copperplay]

just thought I would post this from October 1 last year.  Shareholders left holding the bag unfortunately 

[GeorgiaStreetE]

What's the purpose here?

[copperplay]

  anger, frustration, duped, waist of time, waist of money, can't trust management  take your pick 

[GeorgiaStreetE]

It's investing, and the venture. Plenty of index funds out there with a much lower risk level

[copperplay]

Thanks tips lets just see if your wrong again and this gets taken over via merger and kills us even more if that's possible  you and Ark still holding on to your dream of Selat while the market disagrees 

[Medam21]

It ain't over till the fat lady sings #*#$@

[GeorgiaStreetE]

Was your account taken over by Goldy or something? The only reason an investor bashes is to short

[GeorgiaStreetE]

So we're crystal clear, I don't think anyone here has said they have faith management is going to pull off turning selat into production. The remaining possibility appears to be the partner selling this off, and sonoro getting a win out of it that is beyond their control

[copperplay]

when?  2022, 2023 or never? Why is SNV not  trading higher on speculation alone?  Where is management update from October press when they said would let market know if anything has changed with their fight...read the press release again Crickets...

[copperplay]

or tell the truth.  I too was here pumping this away and look where it landed me How many more months, and years do you need to wait to add value?  Not shorting or bashing just 100% accurate.  I own stock remember so bid this higher and I will sell

[GeorgiaStreetE]

So either liquidate your positions for what you can get, or make the decision to keep investing. The third option of continuing to invest while complaining about your decisions is weird, and unhelpful. No one is keeping you here

[copperplay]

  if management would do their job and respond to shareholders questions or press release an update and not wait 6 months after partner tried to take over the PSC...would help Just so we are clear.  There is about 10 posters on here that agree with me and this gong show and not you This can end once we get clarity.  At the moment stock price is at ALL TIME LOW and insiders

[GeorgiaStreetE]

[GeorgiaStreetE]

I'm speechless. I'm a pumper? You're cut and pasting rumours in the private messages to anyone that will listen with true junk.

[GeorgiaStreetE]

For anyone else here that's been spammed with cut and paste lately about a potential partner for a reverse merger, it's just copper misunderstanding or misrepresenting a rumour about a management consulting firm doing work on an investor presentation for sonoro. Don't fall for it.

[copperplay]

Wait and see I guess  just make a damn decision and let's move on  silence is killing the stock 

[copperplay]

  and by the way the reverse merger started from discussion with Sonoro in case they lost Selat  like I said many times you keep talking about payout from partner selling and Ark88 goes on about it's worth $25 million  I say the only path forward is a reverse merger  All speculation until news is announced but at 2.5 cents bid we are closer to my reality than

[GeorgiaStreetE]

Current share price indicates only that shareholders are waiting and the outcome is uncertain. Absolutely nothing has changed since the last info from the company, and i'm just restating a fact that you don't want to accept. The company is waiting for the situation to resolve and has no control over anything, including timing. To jump to the conclusion that this means they can put some

[copperplay]

  ok fair enough and this is what I want too.  So announce this along with a pp and I am happy  both you and I are speculating because this damn company never makes things clear 

[copperplay]

And at 2.5 cents what are us shareholders supposed to think?  No news is never good news this is what happened with Selat  a reverse takeover is worse for stock than a payout on Selat Panjang so if your actually stating this from discussion with Sonoro I support it 100% at the moment it is hard to believe based on market cap and zero updates 

[GeorgiaStreetE]

So again, nobody has any information, and the company hasn't released any news of progress or failure on the Selat, so we can't come to any conclusions without making unecessary assumptions or guesses. In the absence of any information at all, here are a list of things that the evidence supports just as strongly as a reverse merger: Sonoro moon mission, joint venture with Victoria's

[copperplay]

Fantastic best news I have heard in months  no reverse merger until the fate of Selat is resolved  just better hope it gets resolved in 2022   Hope your correct Georgia 

[copperplay]

  this from October 1 last year just sayin  Time for major changes CE