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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 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... see more

CSE:SHP - Post Discussion

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Post by barryt34 on Jan 12, 2021 12:45pm

Oil price

53.03
Comment by barryt34 on Jan 12, 2021 10:35pm
53.84
Comment by barryt34 on Jan 13, 2021 12:19am
Even with the lock downs we are heading into a serious oil bull market. The lack of investment will drive oil prices much higher.  65 wti mid year. Imo.  
Comment by barryt34 on Jan 13, 2021 12:26am
Peter schiff talking about maybe 100 oil in 2021 because of inflation, art berman talking about a rising oil price because of lack of supply.  We are heading into a major oil bull market.
Comment by HIKER2013 on Jan 13, 2021 12:56am
Encouraging time to buy this stock... I like where we are headed. Just got paid, time to buy another tranche of shares tomorrow. HR
Comment by Lennoc on Jan 13, 2021 10:00am
Barry. If SHP can be successful on the next well( which I'm sure they will be) and they continue to drill a well to completion every 3 months, they will be able to catch this bull market. Then springboard to greater opportunities in the future. Just my $2 worth.
Comment by barryt34 on Jan 13, 2021 10:36am
There is not a lot of investment going into oil and it needs huge money. This bull market might last awhile. 
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