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Bullboard - Stock Discussion Forum Shoal Point Energy Ltd C.SHP

Alternate Symbol(s):  SHPNF

Shoal Point Energy Ltd. is a Canada-based petroleum exploration and development company. The Company is engaged in the acquisition, exploration and development of oil and natural gas properties. It has partnered with Shelby Resources to explore for oil and gas in Kansas. Its ‘Humber Arm’ oil-in-shale play consists of two Exploration Licenses near offshore of western Newfoundland: EL 1070 and EL... see more

CSE:SHP - Post Discussion

Shoal Point Energy Ltd > SHP SHOULD GO PRIVATE OR SELL.?
View:
Post by ariesleaf on Jul 12, 2020 12:20pm

SHP SHOULD GO PRIVATE OR SELL.?

Maybe Merge.
Comment by barryt34 on Jul 12, 2020 1:52pm
Something is definitely up. They raised the pp very easily,  I have a feeling Mark Jarvis wants to focus on Giga metals.   But is now the right time to sell?   It could be the right time to merge.  
Comment by barryt34 on Jul 12, 2020 1:54pm
Remember Shp has 70 million in write offs.  That has to be worth a lot. 
Comment by mainerisk on Jul 13, 2020 10:48am
What a stupid idea to go private or sell out. Stockholders bought into this stock based on Mark Jarvis prior experience and not to sell out or go private at under .10 a share American. 
Comment by barryt34 on Jul 13, 2020 12:04pm
I think a merge is not out of question,  going private I don't understand.  We need the flow rate results and start drilling.  I don't understand why we are not tapping into the primary zone.  Rigs are still working.  The rate of covid is going up but the deaths are going down. More testing I'm guessing is the reason 
Comment by mainerisk on Jul 13, 2020 2:42pm
We will let Mark Jarvis, the CEO, President and Chairman of the Board, along with the other board members deceide what the company will do.  a ariesleaf, you are a trouble a maker to many many bullboards. Your comments are weclomed for constructive help to this board only.
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