Post by
ark88 on Jan 17, 2024 7:32pm
Company's statement on recent selling
CALGARY, Canada (Jan. 17, 2024)—Sonoro Energy Ltd. (“Sonoro” or the “Company”) (TSXV: SNV) wishes to update investors that the Company’s Management and Directors are unaware of any material change in the Company’s operations that would account for the recent increase in market activity.
Sonoro’s news release of Jan. 11, 2024 outlines the current results and activities with our well in the Western Canadian Sedimentary Basin.
The Company’s shares have traded a substantial volume in the past five days and mainly from selling by a brokerage firm listed as Anonymous which makes it difficult for the firm to identify the selling entity.
Comment by
SlyFox1 on Jan 17, 2024 7:38pm
Well done by management. Confirms this selling is BS and fundamentals haven't changed. 20cents here we come
Comment by
copperplay on Jan 18, 2024 6:21am
shares outstanding went up...makes sense now
Comment by
copperplay on Jan 17, 2024 7:51pm
This is good but we need news on oil production and well 3 and any more hints of MENA we need new buyers and volume to make anonymous cry
Comment by
MJB4231 on Jan 17, 2024 8:04pm
Ya would be great to even know what actual country we are negotiating with instead of MENA. Guess when it's secured we will know. Highly likely all the middle East issues may delay this
Comment by
DaddyChaddy on Jan 17, 2024 8:29pm
Why can't this be found in their site or anything like that? I have a hard time trusting un verified things in the internet.
Comment by
StratCap on Jan 17, 2024 8:35pm
https://secure.campaigner.com/csb/Public/show/cfb7-2s2nh8--15t0uz-cxtdpq50
Comment by
DaddyChaddy on Jan 17, 2024 8:39pm
That's not verified though. Someone could easily take a previous post from SNV, edit it and send it to themselves. What is secure campeigner anyways ?
Comment by
StratCap on Jan 17, 2024 8:42pm
Ok. Disregard that link then. Carry on. GLTA
Comment by
DaddyChaddy on Jan 17, 2024 8:43pm
It's a valid question. I hope it's true.
Comment by
Hemified86 on Jan 17, 2024 8:49pm
I received it as a email. I signed up for the company news letter through their website. Hope that answers some of your questions
Comment by
MJB4231 on Jan 18, 2024 9:48am
Great post. Let's consider the selling a gift for the longs who have ice in their veins and all bought. Someone just about me a warm location condo for 0.12 selling too me where this is headed... Can't thank you enough
Comment by
SlyFox1 on Jan 18, 2024 10:28am
Yes it was a very strong statement by management which as a shareholder i appreciate. clearly others appreciated it as well as the ship is being righted again. 18-20 by EOW is where we should be and should have alway stayed as a floor
Comment by
ark88 on Jan 18, 2024 11:33am
Anon is still there selling, but not as aggressively. Is it a coincidence? Maybe, maybe not. Regardless, we need material news to sustainably support the rising SP. Nothing else matters.
Comment by
DaddyChaddy on Jan 17, 2024 8:42pm
Maybe (hopefully) they'll post it tomorrow in their website. Why not make it public. Their other Sonoro Signals are on their website. They also release NRs in comments for trading, usually requested by IRROC (CIRO now) I guess. sorry I just can't fully trust a un verified source. I hope it's true though.
Comment by
FabiusCunctator on Jan 17, 2024 10:27pm
Educate ureself... go to SEDAR.COM you will find all corporate filings there.
Comment by
ark88 on Jan 17, 2024 8:56pm
Big Daddy who joined SH 3 days ago has doubts about a post made by a poster who's been on SH over 20 years. Question everything you read on the web.
Comment by
DaddyChaddy on Jan 17, 2024 9:05pm
I mean hate all you want on a valid concern/question. isn't this a open forum? Sorry I asked a question on something that can't be found by a credible source. Like I said, I hope it's true and we rise back up to where it should be.
Comment by
Mog7546 on Jan 17, 2024 8:33pm
Until Anonymous runs out of shares to sell this could continue... he might be selling in stages and/or he has ran out Todays sales seemed to bottom out at .12 (that's good news); the last sellers were not Anonymous (maybe indicating a change in direction). Penny stocks are always high risk investments, but Sonoro sounds safe.