Bullboard - Stock Discussion Forum Shoal Point Energy Ltd C.SHP

Alternate Symbol(s): SHPNF

Energy Oil & Gas E&P

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

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CSE:SHP - Post Discussion

Shoal Point Energy Ltd > Longs

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Post by culjack on Mar 13, 2022 3:09pm

Longs

So they drill another well . Now if its another dry hole us bagholders go to zero ; or if they hit oil our 6.5 % profit will allow us no sp increase but allow us to continue holding the bag for many years to come . Ya isnt managment great !!!!!!!

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Comment by AisAmang on Mar 14, 2022 10:51am

Well, we know what this foray is about, the question is what will be the deal on the other two targets. Not going to zero is good thing though, as well as buying time for change in newfoundland, been holding this bag for almost 5 years now.

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Comment by kentaloffish on Mar 14, 2022 11:22am

Hi AisAmang .. i've been hanging around this play for 20+ years .. i need something to happen before i leave this world .. lol .. Cheers all

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Comment by AisAmang on Mar 14, 2022 10:21pm

I can't tell if you're making me feel better or worse. I think after a long enough period of time everyone just wants to hear the punchline on this ticker symbol.

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