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Shoal Point Energy Ltd C.SHP

Alternate Symbol(s):  SHPNF

Shoal Point Energy Ltd. is a Canada-based oil and natural gas exploration and development company. The Company is engaged in the acquisition, exploration and development of oil and natural gas properties. The Company’s projects include Humber Arm Allochthon. It has the rights to the exploration lands covering approximately 220,000 acres in the near offshore of the west coast of Newfoundland. The Company holds exploration license 1070 (EL 1070) off the west coast of Newfoundland which totals approximately 150,000 acres. The EL 1070 in Newfoundland is considered to be an exploration and evaluation asset, as it is still in the exploration stage. The Company’s Pratt County project is considered a developed oil and natural gas property. The Company’s subsidiary is Shoal Point U.S.A. Inc.


CSE:SHP - Post by User

Comment by barryt34on Jun 01, 2023 8:32am
151 Views
Post# 35474403

RE:RE:RE:TRADING to .005

RE:RE:RE:TRADING to .005Why don't you understand the company and read the material before you comment, mark put 50,000 of his own money into the pp at .05 cents.  It hit .005 cents. That's a loss.  270,000 raised and mark put 50,000 in. This is not on the take, it's giving the company funds to continue.  He also don't have a wage.  There is no taking. 2 out of 6 wells producing, not the best results but it could be operating cash. Sounds like some people need to sell and move on. If your not buying on the dips you will get wiped out on this stock because of the reverse stock splits.  It's a dog of a company but so was ultra.  This is not a easy game to play and we all have extremely high risk and even more risk if your not keeping up with reading the material provided.  
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