Sonoro Energy Ltd. V.SNV

Absolute garbage…

[thorgb1]

For a stock that apparently has so much going for it, stock performance is garbage. How about an update on the producing well and the plan for the next ones? Saskatchewan alone should have us over 20 cents. Why mention MENA in interviews in December as a Christmas present and then not deliver? Execution is a problem here, plans are nice but they don't ever deliver on time. That needs to get better or time for a management change.

[Notmyfirstrodeo]

When I buy a penny stock I generally consider the money to be as good as gone. If this eventually becomes something then great but if it doesn't then it's not a great concern since I only invest what I can afford to lose. These stocks are like gambling and we know how many people go to Vegas and how many go home rich. Consider your money gone and don't think about what the management

[ark88]

In the absence of news, unfortunately the SP will drop. It's par for the course. Many are sitting on a 50+% loss and others are sitting on a 300+% gain. Folks from either group will find reasons to unload some. I'm here for the 1000+% gain. Ive been thru many of these and SNV is as good as the best prospects that I've seen. Is it a sure thing? Absolutely not, but if you're going

[MJB4231]

There has been NO insider selling... Zero. That speaks volumes and when you have significant skin in the game its relevant 

[ark88]

Sara is sitting on 11.4 million shares. She also holds 2.65 million warrants. She's our biggest insider holder. I trust this has purpose and meaning.

[copperplay]

I'm pretty sure Thorgb1 point was not that we are in trouble the insider ownership does bode well for success but they can't run this company like it's private and sell at the end so insiders benefit  They have a responsibility to shareholders to add value to the stock price if things are going good behind the scenes  we need Sonoro 2.0 not Indo 2.0 

[MJB4231]

Gotta agree with that. It's a different perspective as an insider feeling calm and knowing the potential and what's coming opposed to being retail and relying on updates. 

[Jimmy1page]

Without information this is mental masterbation.  Management has a responsibility to the shareholders to provide updates and protect the share price. They. Are. Failing. 

[ark88]

Please enlighten us. What would you like for them to say?

[StratCap]

Sadly, I do not think they have anything substantial to report from last news release.  May be waiting for IP30. GLTA

[ark88]

Precisely 

[Jimmy1page]

That isn't obvious to you??

[ark88]

I don't get it. What is obvious? Your presumption is that there must be material news which management is not releasing. What else is obvious? Please explain. May be there is steady progress but not anything worthy of releasing. Do you think this is a possibility? I would think this is likely if not more likely a possibility than your presumption. Like they're still trying to land a MENA

[copperplay]

Sonoro put out a statement in January when anonymous was dumping@ how do you explain a drop from 21.5 down to 11 cents if everything is good? @IF oil is producing in Saskatchewan they could have weekly updates@ How about telling the market the plan for MENA without providing location? @What is Sonoro plan for 2024? @How will they fund well 3, 4 and 5 ?

[thorgb1]

The last NR on Feb 5th stated that the well would be back online within a week, has that happened? That would mean they are producing and putting oil in a tank for sale. Dec 27th NR said first sales in Jan, and an off take agreement. Did this happen? They have not hit one date that they set the expectation for so far. Pi$$ poor execution, and shareholders are paying the price with a stick

[copperplay]

well said Thorgb1 and if it is producing Oil why are they not creaming on top of roof tops after years of failure? Stock should not drop 50% just because no news unless sellers have reason to believe the value has dropped wake up management.  And another thing Dean cannot handle the IR responsibilty any longer on top of his other jobs in my opinion

[Tactical316]

This post has been removed in accordance with Community Policy

[Jimmy1page]

Maybe you have a soft spot in your heart for this company,  I don't, this isn't personal,  it's business.  We are owed answers or they shouldn't have promised things they cant deliver. Pretty simple really. If you don't like it, rather then name calling feel free to use the ignore tab.

[Tactical316]

I don't recall calling anyone names Jimmy. So If this isn't personal for you why are you getting so worked up about this. Have you tried to contact the company to find out why there hasn't been a nr?  I am sure others have and will post in here if they have recieved good or bad news. There is a good possibility that there are a few NDAs that have been signed... 

[Jimmy1page]

A) you called us idiots B I'm getting worked up because my money is invested in this thing. C) I'm not here for the good of my health D) they directly promised results, where are they??

[Tactical316]

A.You should learn how to read. I never called you idiots. B. You are the one who kept on investing in this company. Whay was that? How long did it take suncor or shell to get as big as they  have? C. If you are not in good health you should not be in the stock market. D. You show us the direct promises with drop dead deadline dates.

[copperplay]

Tacktical316 just so you understand when an NDA gets signed it means you cannot disclose the contents of the information  you can however tell all your family and friends that SNV is undervalued  Where is the buying volume?  Will wait to hear from you 

[Jimmy1page]

Dunno, I do know ATH has doubled in under 2 years. Not real sure why you think these people shouldn't be held accountable.  Then again I don't really care. If you don't like my comments please use the ignore tab. Much thanks.

[copperplay]

I agree with you Jimmy 

[ark88]

Who says one shouldn't hold managment accountable? If you're that concerned then do something, other than whining complaining on a chatboard. That's not holding anyone accountable. This is kind of the problem with the nature of communications and the internet today. Take all the actions you want on social media, it means squat nada. I love the stock market, because even with all of

[Jimmy1page]

Well thanks Dad but I'll do as I wish. Selling at a loss isn't something I care to do and I'd probably trust trained monkees with a dart board before I'd take your stock advise.  Again, ignore tab. Much thanks.

[ark88]

.... I'll do as I wish.........promise? Please do. You'll feel better.

[thorgb1]

LOL, its a discussion board. It woud be pretty boring if we all just came her, held hands and sang Kumbaya.  Being frank, the RBC selling was very clearly a very large activist investor sending a message to the management. He said as much in a post on here. I believe they are holding management's feet to the fire for results at the moment, and I'm sure we all hope this works out

[ark88]

Being frank? right the other chap was Jimmy. So you think THE LARGE ACTIVIST investor is holding managment's feet to the fire? What is that based on? Do you this investor? Please share what you know. That''s what chatboards are good for.

[Tactical316]

Does this chart look familiar to you Jimmy?  What does it tell you.  Management broke promises and didn't have timely news releases? Please tell me. 

[copperplay]

  Non Disclosure Agreements great?  But they too are not dated "forever "  

[copperplay]

  your an idiot dude just look at stock price and volume 

[Tactical316]

This post has been removed in accordance with Community Policy

[copperplay]

Answer my comment on NDA you brought it to the forefront not me...

[Tactical316]

What Is a Non-Disclosure Agreement (NDA)? A non-disclosure agreement (NDA) is a legally binding contract that establishes a confidential relationship between two parties: one that holds sensitive information and the other that will receive that sensitive information. The latter agrees that the sensitive information they receive will not be made available to others. An NDA may also be referred to

[copperplay]

Thank you we finally agree to something 

[thorgb1]

What could possibly be under an NDA from Saskatchewan? They have drilled, a shareholder, who is very knowledeable and works on rigs in the oil patch, drove to the site and confirmed they are up and running. What could possinly be wrong to share this news? If get they are still optimizing and they might not have the steady state flow rates yet, but if they are pumping and creating sellable

[thorgb1]

This post has been removed in accordance with Community Policy

[Jimmy1page]

Aaaannnd ignore time

[ark88]

Just read your own words.....maybe its not happening hence $0.11. No amount of screaming, pounding the table will help. LLstem to yourself, hold with pain OR sell. There's no MENA deal YET. Well #2 looks like its taking longer to provide material news. Wells #3, 4 ,5....plans are progressing. Anything else they announce will be construed as FLUFF.

[Jimmy1page]

Try to follow me here. In an interview one of the management people stated that there was to be lots of things happening by a certain date which we are well past. You think that not following up and advising us what happened is good business practice??. That's nuts.

[copperplay]

  the management people were the CEO and CFO !!! 

[ark88]

Just read your owns words..................Its completely self-referential, a.k.a. you have the answers.

[thorgb1]

Keep your head buried in the sand Ark, makes it easier to get screwed.

[copperplay]

And another thing to keep in mind from the experts with all the negative sentiment what do you think will happen when they do finally get good news?  Yes more selling and over hang just like you watched with Anonymous and RBC there are tens of millions of shares out there from pi$$ed off shareholders 

[ark88]

Have you contacted management? Just try it. I ahve. Have a conversation. Ask tough questions directly instead of a chatboard.

[thorgb1]

The differnece between you and me Ark is I don't believe what I hear from them anymore, they haven't hit one deadline item in a year.

[ark88]

The difference between you and me is you're unwilling or unable to act on your initiative. Yes, if you believe they have not hit one deadline, it begs the question.....WHY ARE YOU STILL HOLDING SHARES? Take action, believe in your thoughts and intuition. Its called a stock market, we are all free agents. The price is the ultimate arbitrator. You can cry all you want, but the universe doesn'

[copperplay]

Bingo...