Sonoro Energy Ltd. V.SNV

Snv

[MJB4231]

Based on SP not looking like markets impressed. I think we expected a "Definitive Agreement". More delays

[Tekeela1]

Yep. Definitely not impressed!  

[Tekeela1]

Well this looks a little more encouraging!  Level 2 Level II Quotes Bid Table # of ordersNumber of orders Total size BidTable showing latest bid details for SNV 1 20000 0.085

[ark88]

Bit of a miss. Definitely would've preferred a definitive agreement, but thank goodness they were aware enough to issue something. Clearly, Menaco is a private entity. The negative to this update is we don't know how solid out position is. It would've been super positive if someone from Menaco stated something. The only positive I see with this update is we seem to have privileged

[BlackBeard357]

I think our latest NR is fantastic. We have a footprint in Saskatchewan and another soon in the Middle East. For a $0.10 stock, value is on its way to shareholders. Once they drop the contract in a NR we will no more. But this is definitely a positive long play as long as they keep steering this ship towards being an oil producer. I am very pleased with this forward step.

[BlackBeard357]

IMO Sonoro currently lacks the capital to pursue monster contracts. My view with this investment is to see Sonoro build a good baseline and financially support its own future pursuits. Seeking partners can be beneficial in the beginning. Having other companies eventually pursue us for partnership down the road is what I want out of this investment. I don't expect anything from my investment

[MJB4231]

Devil is in the details of what we actually get in this Mena contract IF It occurs. Time will tell 

[BlackBeard357]

If MENAco wants a piece of Sonoro or effectively becomes a piece of Sonoro in any capacity is great. Business works differently with eastern cultures. Partnership means a little more over there imo vs here in western nations. Not as dog-eat-dog among the smaller companies and respect is deeper. Just my take on this. "Foot in the door", as some have said. I am very pleased here. I imagine

[MJB4231]

Still have residual Indo in my mouth so don't buy the whole business is groovy in other cultures. Gotta get this right and Richard and Dean's own words something here better be "TRANSFORMATIONAL" regarding Mena 

[BlackBeard357]

Becoming a servicing company would meet the definition of transform. Let's just hope it's not that. 

[MJB4231]

I can see it now with David driving in his little service mobile playing ice-cream music checking the gauges on wells and Dean scribing the numbers. There better be more to this story of us being a small but legit oil producing company 

[BlackBeard357]

Might make more $ selling ice cream sandwiches in the desert than what's pumping out of Sask right now. I digress. Let's get some oil!

[ark88]

A miss is a miss. But the "positive" is instead of silence we have an "update". Is it meaninful? hardly but it is a sign that management is being proactive which is refreshing. We need to see this close soon before we get another list of issues to digest. Glta!

[copperplay]

  Volume today 4000 at $0.095 is $380