Simba Essel Energy Inc SMBZF

RE: Money involved & lack of DD

[gskohli]

I totally agree with you, stargazer that there is a lot of new investors looking into Simba Energy as key role player in today`s oil industry in West Africa.

I am for sure that granting of PSA will drive the share price up very fast, in a hard beat. I have oftenly seen so much firm confidence in the senior management while dealing with them on some very important issues.

Delayed news or results make people very nervous unfortunately, and sometimes they get involved in making wrong assumptions without really thinking and start dumping their cheap shares to serious & potential buyuers/investors. Now the sad part is that the same investors end up paying high prices later when the good news is released by the company after a very short perod.

What if a regulatory halt is triggered before the good news of PSA contract awarded to Simba.

Do not forget that lack of DD cause people to get nervous for all the wrong reasons.