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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

Shoal Point Energy Ltd > is it worth selling?
View:
Post by DreaminJim on Mar 15, 2021 10:09am

is it worth selling?

if I do now, it will be for a loss, and I am sure this will probably bottom out around .06? Can only hope they have a plan quickly to test well #3.
Comment by HIKER2013 on Mar 15, 2021 10:11am
I can onlly speculate Mark would look at al data, probably give Well one info sharp scrutiny, compared to Well two.    and evaluate whether to go ahead or modify plans for the next wells HR
Comment by DreaminJim on Mar 15, 2021 10:16am
what makes me nervous is the statement thery may abandon this prject altogether?
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