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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Shoal Point Energy Ltd > It don’t matter about pumping

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Post by barryt34 on May 25, 2022 8:23pm

It don’t matter about pumping

What matters is how many shares you bought at low prices, me and a few friends are loaded up. Good luck everyone. Good luck trying to get a big position after a few wells are drilled. I was pumping because I know who is involved in this stock. The wait will be worth it.

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Comment by Lennoc on May 27, 2022 9:23am

You are right Barry. If you are trying to get a huge position now or in the next few months you will be paying a lot more than the current 4 cents. As more successful wells are drilled and cashflow improves the market capitalization will increase. It will also increase if there is another endeavor announced. If you are looking to increase your position I would try to get as many shares as you can ...more

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