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Shoreline Energy Corp SHGCF

"Shoreline Energy Corp is a Canadian junior petroleum & natural gas exploration & production company. It is engaged in exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin."


GREY:SHGCF - Post by User

Post by stuckinonowayon Mar 24, 2012 9:47pm
394 Views
Post# 19714338

could be some interest coming

could be some interest coming

last well i know of was spud mar 7 and prelim should be known by now.#s should be right around the corner.

gonna take a while for these guys to build the rep so this round of reporting will be important.

imo,the market reflects a high yield when it thinks things are too good to be true.we are about to find out.

this waste of time to raise money and then don't(with a corresponding down/up in sp) to me was some experience on the board(or just an influential holder)pushing for the right thing.why buy an overpriced junior and take on the bank debt(with it's associated covenants)?

this spring and early summer is not going to be nice for a lot of co.s out there and a lot of them are going to be caught out.the proof is in the the pudding and in the end it's pay me.

does seq have it ?something about them so i think so but i don't have a farm to bet and i ain't no warren buffet.started small here from some wsx/rrx.

once we get some numbers here i can talk to myself some more.just kidding-some comments from the longs would be appreciated.

good luck all.

 

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