Sonoro Energy Ltd. V.SNV

Holding pattern

[MJB4231]

I think where we are is a holding pattern of allowing well 2 to keep producing until spring thaw (common for all in industry) to allow field and roads to dry. Unless we get something related to Mena this is all that may be going for the next 6 - 8 weeks. GLTA

[BlackBeard357]

I see it as time for them to create a new strategy to hit the ground running whether its new domestic agreements or abroad, line up some rig contracts, keep filling the tanks we have, and buy more shares! I think this is far from over. Just on a seasonal pause. 

[copperplay]

  how about supporting the stock?  There is enough large holders now should have never let this fall below 15 cents 

[MJB4231]

I believe this is a temporary dip from impatient investors. Great opportunity to buy... I grabbed morr

[copperplay]

  22 cents start of 2024 what has changed?  Why are people giving middle finger to management?

[MJB4231]

I think when CEO and CFO talk up a Mena opportunity it created a frenzy of interest. To have a timeline off so drastic creates a neg sentiment. We are producing on well 2 and in a holding pattern til Mayish til ground is dry and manageable. SP today is solid value and yes we should be at around 0.15 as a floor. Someone is flipping and not investing in the company. Thanks for selling too me

[BlackBeard357]

It could be a short buy-back. I don't pay for that information so no clue. Maybe someone else here knows?

[Bigtroft]

This post has been removed in accordance with Community Policy

[copperplay]

Here is the support I have been asking about next if you want anyone to believe the big deal is close get this back to 20 cents 

[SlyFox1]

Sure seems like some of the long large investors putting SNV on their back again to support them. Time for SNV to reward everyone with MENA news 

[ark88]

Well, CIBC and Morgan Stanley doing the heavy lifting today. Now 193K bid @0.115. Morgan S has been a steady buyer this week. GLTA BlackBeard are you covering? ;-)

[BlackBeard357]

My SNV position is larger than 95% of the people here and other forums. Are you asking me to support? Lol

[copperplay]

  no not you management and others who bought in at 6 cents there are some with deep pockets 

[BlackBeard357]

Yes I agree. Would be nice to see a reinvestment from the board members in a few weeks if progress is paused. Something that tells the rest of us to hang on. 

[copperplay]

  exactly my thoughts these guys are running this like a private company  show us they have the nuts as you say or surely they can bring in a broker or new investor at these bargain prices with Mena anticipation eh Ark !