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Bullboard - Stock Discussion Forum Sonoro Energy Ltd. V.SNV

Alternate Symbol(s):  SNVFF

Sonoro Energy Ltd. is a Canada-based oil and gas company. The Company is focused on oil and gas exploration and production in Canada and abroad, including the Middle East/North Africa (MENA) region. The Company has drilled two wells in Saskatchewan. The Well 11-30-32-23 W3 was a vertical well and the Well 14-29-32-23 W3 was a Waseca formation multi-lateral horizontal well with four horizontal... see more

TSXV:SNV - Post Discussion

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Post by MJB4231 on Sep 17, 2024 10:59am

SNV

Looking like the plan is to let warrants expire and start with a clean slate I's her plan
Comment by RoyMax123 on Sep 17, 2024 11:27am
So it will be a long wait, since they expire on Sept 8th 2025
Comment by ark88 on Sep 17, 2024 12:37pm
Its not unusal to have the new CEO take about 3 months to come up with a new plan. That would put us toward the end of October. The shorts are now taking full advantage during a period without news, during maximum uncertainty. This will change. There will be growing interest, in anticipation, as we near the timeline of expected news from the CEO.
Comment by BlackBeard357 on Sep 17, 2024 2:01pm
R&D could build the war chest, selling Sask IMO would just be losing an asset and put us at square one again. The producing well should be giving us over $200k/month. Likely going towards salaries and bonuses for the next year. We need to get something going and soon. Why the hell are we all invested here?
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