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Sonde Resources Corp. Message Board

  • wright.tom64 wright.tom64 Jan 15, 2013 7:44 PM Flag

    Opened presentation with anticipation

    Thought they were going to tell us about a big partnership deal in Canada or something like that but if the information on Canada attracts such partner interest then it will be worth it depending on how it might be structured. Going to be quite a wait for N. Africa production and if good should bolster my IRA just about the time I need to start withdrawing funds.

    Sentiment: Hold

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    • tom -- it's been a long wait hasn't it .... hope it all works out well for you. According to the farmout agreement if it all works according to the terms, it is all positive to Sonde. They get lots of production without exposing any money .... that is because the company that farmed-in the deal knows they can make money since the reserves are known for Zarat and they can see that the reserves can go up from where they are, but they will not go down. The field is very well defined and it could extend much further than they have claimed reserves for .... if it does, both Sonda and Viking make out very well.

      I am very interested in seeing the outpost wells on the NA block drilled if i am still alive to see that. I love to see geology interpretations work out as they are mapped etc. Good luck to you Tom. Regards.

      Sentiment: Buy

 
SOQ
0.310.00(+0.32%)Aug 1 10:56 AMEDT

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