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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 > What’s Next ?
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Post by freedom-1970 on Sep 13, 2021 10:28pm

What’s Next ?

Have to say ... 2 swings and no hits ... it happens all the time... 
let's be honest its always about a little luck and timing in this business..
But several years ago I spoke to Mark when oil was the thing called Dirty and the world was kinda normal.
He has a chance to make a good move .. buy some producing assets with no risk at bottom level price's.
This is what you do with low prices and cash ... buy low risk... and work from cash flow to build...

It's too bad he decided to go all in and roll the dice and missed... 

Dilution now while he needs to make a deal or it's a rollback with a raise ...
Comment by barryt34 on Sep 13, 2021 11:46pm
He didn't go all in,  he is a 65 partner.  Now he has a partner that does all the work.  76 million shares 96 counting warrents.  Mt evens might be dead but this is far from over.   You know it and I know it. Buy some low cost shares and sit back and watch the show.   
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