Sonoro Energy Ltd. V.SNV

What a quagmire

[MJB4231]

The problem with this stock is we interpret silence with a negative outcome from previous years. It's 1 of 2 things.... Either negotiations are difficult and long in process or Jimmy is screwing around again in bad faith. It's risk reward at this point.... JMO

[copperplay]

The big mistake these guys made was not follow up news releases when stock at 12 cents would have brought in lots of cash via 7 cents warrants  now need to raise money and sitting at 5 cents 

[MJB4231]

Kirk was crystal clear.... "Will not release Fluff just for share price increase" It's clear SGE can't move forward to production without us or they would have. Comes down to negotiations til the last min which indicates a unknown time frame within Q4. I don't look for a signature on anything until its all about to happen. These are Jmo I have nothing to base it on other then

[ark88]

Of course Kirk is right in this regard. One thing so hard to obtain but so easily lost is CREDIBILITY. One fluffy news release and you can destroy years of effort.  As I've noted on numerous occasions, the situation we find ourselves is not for the faint hearted and for most with outsized holdings the only option is to sit on your ones and wait. Its binary, its either going to happen or

[ark88]

One small note to add. Back in 2019 when the PSC was signed, Bill Marpe was quoted as saying that production will start in 2 years. Add Covid to the mix and he wasn't far off.

[MJB4231]

That is a fact I forgot about and true

[MJB4231]

Orrrr they could be lining pockets before it takes off