Simba Essel Energy Inc SMBZF

SMB Very active this Month

[FlipIT2wice-]

I have also been Watching ZEX...Big Petroleum Targets Ready to Be J/V'ed....Trades Below
.06 value of CASH right Now !

Most Actives for 1 Month ended Jul 31, 2012
Company	Symbol	Volume	Latest Price	Change
				Net	%
Canamex Resources Corp.	CSQ-X	76,932,995	0.350	0.240	223.810
Zodiac Exploration Inc.	ZEX-X	62,181,882	0.040	-0.010	-12.500
Pinecrest Energy	PRY-X	59,666,148	1.860	0.060	3.390
Poynt Corp.	PYN-X	47,918,573	0.020	-0.020	-50.000
GoldQuest Mining	GQC-X	43,799,828	1.370	0.750	141.510
Barkerville Gold Mines	BGM-X	38,558,037	0.870	-0.320	-26.450
WesternZagros Resources	WZR-X	36,840,314	1.110	0.210	23.080
Mart Resources Inc	MMT-X	33,926,280	1.470	0.210	15.440
CGX Energy	OYL-X	28,633,760	0.230	-0.260	-52.040
IBC Advanced Alloys	IB-X	27,264,951	0.090	-0.030	-21.740
Simba Energy Inc.	SMB-X	25,320,447	0.100	-0.030	-22.220
Iona Energy Inc.	INA-X	22,183,976	0.350	-0.050	-12.350
Border Petroleum	BOR-X	21,604,683	0.160	-0.010	-3.030
Unigold Inc.	UGD-X	19,310,769	0.410	0.090	28.330
Sprylogics International	SPY-X	17,692,480	0.040	-0.010	-14.290
Roxgold Inc.	ROG-X	16,904,455	0.580	0.070	13.210
Africa Oil Corp.	AOI-X	15,855,957	7.430	-0.250	-3.190
Sintana Energy	SNN-X	15,499,362	0.160	0.060	63.160
Bowood Energy Inc.	BWD-X	15,072,643	0.050	-0.020	-28.570
Sandstorm Metals & Energy	SND-X	14,938,549	0.280	0.000	0.000

Very Attractive Valuation for a Takover Target ! a Huge Premium to Current SP. Sitting on $22 Million in Cash - or
.06 per share.Zodiac has amassed a sizeable land position in the San Joaquin basin in California with a number of high impact oil prospects.This is an early stage resource play....Big .Accumlation @ the Bottom of the Sp Range here....Distribution occurs @ Tops Folks ! Last of the Cheap Shares have been taken up in Late July I am Thinking. Things should now get Interesting.

ZEX is ready to explode if every thing goes well just like bkx did in the area .there is a huge upside for the reservoir and future production but shareholders have to wait and see what happens ....Patience.

Interesting stock move last few Months. Considering ZEX is sititng basically below cash value indicates a few games have been played to manipulate the Sp this Low. Time for a welcomed move in the Up Direction. This Week may be a good indication of things to come ..We are Now in August.....I hope they have a J/V....that would accelearate things immensly.

well 1-10 & well 4-9 Near term J/V Prospects

a JV on these wells will likely be the nearest term JV announcement for the company

Keeping in Mind the the Companies NAV is 28 cents per share with a Large sum of cash on Hand > than the current MCap should support them well into the Future pending any announcements

The J/V process was initiated 8 months ago so I will assume something must be approaching soon judging from the Stocks recent Stock Activity ...which I interpret as a sign of a shaekout of weak hands before News.