Replies to post #587 on GulfSlope Energy Inc (GSPE)

[tricky20]

Thanks GSPEx-those comments are eminently sensible. Bottom line, there is still a lot of risk, but if things play out as we want we get a much increased share price eventually.I stick with my buy and hold strategy and expect $2 plus per share sometime in 2020.By the way I am then on Bollinger if anyone cares to join me (and of course a Churchill No 10!!)

[Dreaminagain]

Thank you for the wonderful insight. I have been invested in GSPE for almost three years. Became interested after reading an article about the company in Seeking Alpha by Dallas Salazar. If I had bought a new car with the money instead, the car would have a 100% chance of being worth very little in 10 years. So, I drive an older car with an investment instead that could become worth far more than originally invested and the odds of GSPE paying off are far, far better than buying a lottery ticket. For me, it was a good decision. I wish everyone luck in GSPE and to the investors, congratulations on getting this far.

[Trip-Fontaine]

Gspex, dont forget the impact of a better listing and some pr-work to get this story out. My correspondence with the company says that up-listing can take some time but hopefully this year.

Is the Canoe prospect the shallow one that was meant for the failed joint venture with Energulf, or is it the "regular" Canoe? The shallow Canoe is not supposed to hold many barrels, and a dry well there will not be of great significance?
However if "Tau" is dry, it will have a psychological effect since it is the largest prospect in the portfolio.