Sonoro Energy Ltd. V.SNV

upside target?

[eXclusif]

$5, $10, $20?

What could we be looking at?

[thorgb1]

Anyone remember OiliExCo? 20 cents to 20 bucks.  This coule be a wild ruiode, but let's keep it in proper perspective and acknowledge there is still lots to do. Lets get more news and establish 30-50 cents as a floor, and grow from there. GLTA. 

[Smoggy123]

I agree. Let's not get ahead of ourselves. Based on current information and middle ground estimates. What do we think is plausible? 30-50 cents by end of year ? or am I low here? Once again, just based on what we know and no assumptions about further expansion and mena 

[copperplay]

  If you read my previous posts I have been very accurate with my price targets and here is what I think for Canada project alone  next news of rig going on site and set to drill is 20 - 30 cents  add a second well and drill 50 cents this project is expected to produce around 1800 barrels per day but that will take time and at that point $1.00 per share  good luck

[Smoggy123]

Thanks, based on that alone would the $1 estimate be 6 months to a year away? 

[copperplay]

  they need to raise more money from warrants to pay for well 4, 5 and 6 to come on but yes if stock gets above 20 cents they can call in all warrants and raise another $6 million within 4 months 

[MJB4231]

Is your estimate including a MENA project announcement Copper or just Sask? 

[copperplay]

  just Sask only stated that the MENA project would be life changing so they probably have lots of work to do still 

[Jamarcus]

$5 / share would be what over a 1B market cap, thats gonna to take some time. 

[FabiusCunctator]

A solid days trade.  Now management needs to deliver on news and drilling this week.