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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 Schloppasnv on Oct 17, 2022 8:43am

Buyout

I don't know but the silence may be because they are trying to negotiate a buyout price. Just my opinion. However usually the buying company pays a premium for the stock as to entice the target company and its shareholders. If this happens with such a tight float I hope they negotiate at least 8-10$ a share. 1.2billion based on what we already know isn't such a stretch, considering companies skyrocket for all sorts of reasons. Ours is hopefully that we are a thorn and they will pay through the nose now so they can develope the blocks themselves for future revenue. Just my thoughts.. good luck everyone. Or I'd be happy watching sonoro mature into a great enterprise. Either way happy
Comment by Schloppasnv on Oct 17, 2022 8:44am
seems like ews season for other companies
Comment by Goldy63 on Oct 17, 2022 8:47am
If SNV agrees to a buyout now then we are indeed on the verge of one of the 4 or all 4 big Catalysts mentioned below SCH and I for one would be mighty pissed as a buyout should come much later and at far greater value to those of us that have waited years. Just saying.
Comment by Schloppasnv on Oct 17, 2022 8:56am
good point. You are right goldy I agree. I didn't look at it that way. Thanks for the insight
Comment by Cunctator on Oct 17, 2022 9:26am
New to this forum and y'all have been very active.  What news are y'all expecting this month?
Comment by Cunctator on Oct 17, 2022 9:48am
Reading all of these posts I reckon that some of you are sweating like a hooker in church over SNV You sure got some patience.
Comment by SubinC on Oct 17, 2022 9:49am
sweating like a hooker? can you shutup?
Comment by SlyFox1 on Oct 17, 2022 10:27am
Could we see 10 today? would be nice to be double digits before news 
Comment by ark88 on Oct 17, 2022 11:04am
Thing to consider at this juncture are the warrants that are in play: 21,059,000 @$0.07 = $1,474,130 (30 day $0.20 accerelated price) 5,147,000 @$0.07 =  $360,290 (30 day $0.15 accerelated price) The 360k Ask @$0.095 could be warrant holders not wanting the SP to get to the accerelated price range, before news. Remember, warrant holders can easily short as they hold options to cover. JMHO
Comment by SlyFox1 on Oct 17, 2022 11:09am
That is a very good point Ark. Someone could be holding us down so their warrants aren't called 
Comment by ark88 on Oct 17, 2022 12:05pm
One house doing all the selling from $0.09 the high, BMO, presumably 1 seller. No other sellers of note........We'll most likely finish the day where we started at $0.085 or even a tad higher. IMHO
Comment by Tree2tree on Oct 17, 2022 11:14am
So Ark is already coming out with fantasy-land explanations why the stock is not exploding as 'predicted' by the habitual pumpers.  Expect more excuses as the fake rally fizzles out with no news.
Comment by Uptonothing on Oct 17, 2022 11:22am
Man this guy has a lot of free time.
Comment by Tree2tree on Oct 17, 2022 10:27am
tator, if you do your research, you will find that there is no basis for expecting news this month; and that the odds of positive news are very slim based on the track record.  Actually negative news is more likely, objectively speaking. What you see on this board are: - Some known pumpers who will make up rumours and bombard the board with their 'feelings' and fake insights - Some ...more  
Comment by Lovethegains on Oct 17, 2022 10:40am
Oh, you should never, never doubt what no one is sure about. The suspense is terrible....I hope it will last. ;)
Comment by Tree2tree on Oct 17, 2022 11:03am
Btw, if anybody on this board actually new that good news is imminent, they would shutthefukup and buy the shares on offer.  But they actually want somebody else to buy them.  You know why.
Comment by Goldy63 on Oct 17, 2022 11:06am
Yes . We know why Tree. Because we are all for the most part fully loaded while you have Zero . Yah we know sucks to be you . Newwwwwwwwwwwsssss Treeeeeee Yahhhhhhh baby lol. Cheers.
Comment by thorgb1 on Oct 17, 2022 11:24am
This post has been removed in accordance with Community Policy
Comment by Uptonothing on Oct 17, 2022 11:28am
Bingo
Comment by SlyFox1 on Oct 17, 2022 8:54am
Now we're talking. An 8-10 dollar buyout would be a dream come true 
Comment by MJB4231 on Oct 17, 2022 8:55am
I'd take 5.00
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