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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 > We need new Management
View:
Post by Bubba26 on Jan 13, 2022 12:54pm

We need new Management

It is time for this crowd to get off there back side or get out. So for the company has fallen several hundred present in value under this team. Shareholders are left with wall paper and have been given no direction. They put all there time and resources into Giga and then pumped it on the SHP board. FFS Do your job or let someone else do it. Drill on the west coast of Newfoundland or something. At least try to act the part. Do something.
Comment by Jessie157 on Jan 13, 2022 3:26pm
I heard shoal point sold off some of its assets in Newfoundland. Don't know for sure. 
Comment by kentaloffish on Jan 13, 2022 5:00pm
I was wondering something similar, do they still have any property or interests in NL. We need something. I have been around this play for over 20 years and am feeling it might have been a complete waste of time and efforts. We need a lifeline just to let us know that SHP has a heart beat .. cheers .. Kental
Comment by Hearne50 on Jan 14, 2022 12:21pm
Kental, US too!!!!   A LONG TIME............... BUT MJ has not thrown in the towel.................
Comment by barryt34 on Jan 16, 2022 11:24am
Yes it seems they do still have the Newfoundland property.  They did a 2 million dollar write off but it seems they are waiting for rules and regulations. That could take awhile. In the meantime they are looking for other properties in Newfoundland and also Kansas.  Maybe they also go into metals. Mark has talked about this in the past. I hope they continue with Newfoundland and Kansas ...more  
Comment by culjack on Jan 16, 2022 4:44pm
In the meantime they are looking for other properties in Newfoundland and also Kansas Why ??? newfoundland wont let them drill ,  kansas land dry , Mark only busy with giga . Maybe we look for metal ?????? Tired of holding the bag . Ya i know ,sell and take the lose .
Comment by barryt34 on Jan 16, 2022 8:37pm
You should call in and ask the reason the monthly report is telling us they are looking in Kansas and Newfoundland. Maybe offer some advice 
Comment by Franko10 on Jan 14, 2022 8:10pm
You want someone to do their job?  Go talk to the NL government!  SHP has more than enough talent to develop their NL resource, which we paid for that right and they accepted the payment.  Then changed the rules.   The whole fracking ban is BS and politically motivated.  It's BS because there are over 200K wells fracked in Canada alone with no issues.  It' ...more  
Comment by freedom-1970 on Jan 16, 2022 9:52am
 MJ, after the Agm providing no rollback request with no cash has 2 options . PP or a merger ... time is running out or he cease trade this year . 
Comment by barryt34 on Jan 16, 2022 10:50am
What a joke. If you want new management buy up all the shares and vote.  The problem for you  is they own the company.  Management and deep pockets.  Why not sell and go find management that fits your needs.  Simple enough.    
Comment by Bubba26 on Jan 21, 2022 1:48pm
.025 cents is the real Joke. These guys do have a majority shear in this company but unlike the rest of us that reached onto there own pockets to pay for there shears, these guys gave themselves big shear bonuses with very poor results. SHP has to be the worse performing company on the exchange. Don't mind this guy ( The pump, Barryt34) pumping and dumping. This stock is worth more than his ...more  
Comment by barryt34 on Jan 22, 2022 9:21am
I know it's hard for you to understand my discipline but we are two different people. 
Comment by barryt34 on Jan 16, 2022 10:55am
What do you mean time is running out?  Could you please explain? Freedom?   They should have around 50,000 in the bank.  But I do see Shp having another deal with Shelby. 
Comment by freedom-1970 on Jan 16, 2022 10:39pm
21 they spent 54 k of cash on G&A .. then they gave another 50 k of shares .. they havw months to raise funds just to pay the  accountant's .. no cash flow .. 3 cent stock has today's shareholders taking a bath with PP at what 5cents ??? They will need to dilute now or its 9 months down to 1 cent.. 
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