Sonoro Energy Ltd. V.SNV

Here

[Schloppasnv]

https://financialpost.com/commodities/energy/oil-gas/calgary-global-oil-producing-nations-24th-world-petroleum-congress

Good read! Gives insight into what oil companies are saying that media isn't. The narrative in the backrooms always wins!

[FabiusCunctator]

The Propaganda Media will say nothing positive about the oil and gas industry.  Without us the western world will "Evaporate" into the abyss and civilization will cease to exist.

[Smoggy123]

I can't believe people are selling at these prices for 3 days now. Blows my mind 

[Uptonothing]

So I can take their shares lol

[RoyMax123]

33M shares will be free to trade next week so I guess some people are betting they can get back in lower.

[Smoggy123]

Are we sure those all get called next week? Which tranche are you referring to ? either way, good luck to everyone. I'll take soem extra shares at these prices

[RoyMax123]

I'm not talking about the warrants here but the PP share that have an hold period of 4 month and 1 day that was close on May 25th

[Smoggy123]

Oh. My fault. You're correct. Makes sense. Still incredible that it's crashed so much. Just based on the reserve report there is so much value here imo 

[RoyMax123]

Yup, sad to see. I have more than I should afford of those SNV shares but I still have some fuel in case it goes below .10

[copperplay]

  this pp was 90% insiders you honestly think they would sell these now that free trading?  That would send the wrong message at this critical time  market wants proof drilling will start 

[Smoggy123]

I think Roy was just trying to provide some sort of rationale for all the selling. I can't really think of much else...

[RoyMax123]

As per SEDI there was about 10.2M out of 33M from insiders, I doubt that management will sell but it's possible that the others will take some profits off the table.

[copperplay]

and I know who bought they other 20 million shares and 90% of them are not selling