SHE 28.6% 0.9¢ stonehorse energy limited

SHE history of wells..1) Open Juwell Well : Investors updated,...

  1. 2,320 Posts.
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    SHE history of wells.
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    1) Open Juwell Well : Investors updated, Well exceeded expectations price went down !!
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    2) Invitation from Brookside to partake of further Working interest in new wells, SHE did not take up these options, seasoned Brookside investors reported that in hindsight this apparently was a good decision from SHE Board of directors.
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    3) Louisiana: unable to get the staff to drill a well and thus did not take up and working interest in any here,
    fierce competition for staff as Biden issued a blank check for capping of old wells. investment hub and email replies from David confirmed this.
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    4) Delayed: Mywell creek:Weather. Unofficially its appears not going anywhere. (talk to David on this and he will tell you)
    Mywell creek operators ceased operating. Maybe this is the explanation
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    5) Caroline well: Opened and profitable beyond expectation

    6) Gryphon well: opened and not up to expectation.

    7) BOD indicated New wells this year , waiting... maybe forest fires caused delays as roads to some areas of Alberta were blocked,
    monies of $5,000,000 was/is locked in long term deposit.
    You can speculate or ask him. More detailed info often from the Canadian team themselves as well.
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    Lack of news Result and investors not seeing cash invested leads to frustration and despondency with market cap falling below Cash in bank.
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    Fundamentally, the company is not going to go bankrupt any time soon, making healthy returns with exceptional P/E ratio's due to low share price.
    Currently share holders not profiting, with small parcels being dumped at silly prices.
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    Could be better, improved communication, CEO spread to thinly and not focused full time.
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    At this rate she will keep accumulating cash with the share price trailing cash holdings.
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    BROOKSIDE:
    Lots of announcements, lots of new wells, Cash rich opening up new wells , yet the share price FALLS to 1/4 of what it was a few years ago ?
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    Brookside and SHE
    How do you explain the long term growth in equity of both Brookside and SHE yet the share price of both falling to 1/4 of their highs.
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    Maybe because the oil prices have fallen form their highs of a few years ago.




    Do you own research and fact check what others post on here, Detach yourself from emotions as they will lead to trading/ investing losses

    Follow the cash flow relative to market cap






 
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