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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

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Post by MJB4231 on Sep 14, 2022 8:21pm

PSC

Will be 4 yrs in October since PSC signing. Can't make this up. My group of longs deserve medals
Comment by StratCap on Sep 14, 2022 8:40pm
  SNV longs have a higher than normal pain tolerance.    Bunch of masochists we are. Glta and keep the faith. 
Comment by Tree2tree on Sep 15, 2022 11:33am
"keep the faith"? Sorry for pointing this out (repeatedly), but isn't that deliberately choosing irrational behaviour? I've ignored MJB, but you copied his comment, "My group of longs deserve medals."  The obvious question is, for what?  Pain tolerance?  Masochism? or....... (fill in the blank)
Comment by copperplay on Sep 15, 2022 11:55am
Tree when this gets to 30 cents in October you promise to go away?  Or admit you were wrong to sell too soon Signed entire SNV Bullboard handles 
Comment by StratCap on Sep 15, 2022 11:57am
  I guess if I owned .07 warrants that expire worthless in December 2022, I might be a little pissy and pessimistic.  But good luck to you regardless. I hope you can make some money on SNV like the rest of us that are holding out.
Comment by ark88 on Sep 15, 2022 12:15pm
Just a reminder on the warrants which expires December 31, 20220. A total of 26,207,247 warrants at $0.07 would bring in $1,834,507 to the treasury. The acceleration clause kicks in if the SP trades above $0.20 and 0.15, respectively. Add to this, the options similarly priced and you're looking closer to $2.5+ mil. What price should the SNV shares be when they're calculating SGE's ...more  
Comment by copperplay on Sep 15, 2022 2:39pm
Level 2 looks fantastic any sort of positive news can shoot these shares to 10-15 cents  tic tok  unfortunately this story has become the Boy who cried wolf...unless the press is spectacular and a slew of new investors step in 
Comment by Tree2tree on Sep 15, 2022 4:47pm
Hmm, so you believe the warrants are going to expire worthless.  Actually, I believe SNV will extend them again, if it is still alive.  And maybe reduce the trigger price again.  But that doesn't make me optimistic about making money.
Comment by StratCap on Sep 16, 2022 11:26am
  That's just one possible scenario for the warrants. Expiry wouldnt be my first hope. Acceleration would be best for all. Good luck to all.
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