GREY:SMBZF - Post by User
Post by
blackredon May 13, 2012 6:20am
491 Views
Post# 19903476
Profit is profit
Profit is profit DC, good find.
Warrants expiring and general sentiment on junior mining stocks has been horrendous.
I think if you look at the nature of business Pinetree are in they are in the business to accumalte wealth. If Simba give the 100%-200% gains and they never sold this would be seen as gross incompetence.
I am sure they still hold a very significant amount of stock. Why would the come in on the last placing having already held in excess of 10 million shares?
The simple reason is that they see that SImba has the potential of giving shareholder value through each of it's existing oil exploration portfolio. Each property is transformational for the company and each property is a potential company maker.
Any wonder we have seen the biggest volume bar AOI in Simba over the last few vweeks on the TSX venture?