GREY:SMBZF - Post by User
Post by
blackredon Oct 15, 2012 12:35pm
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Post# 20484512
MERLIAR verses SPROULE
MERLIAR verses SPROULE MERLIAR your barking up the wrong tree. Go and break Simbas door down LOL. You wont do that because you want to rob people of their shares lol by deramping
Robert Dinning, Simba’s President & CEO remarks, "we are delighted to provide our shareholders with this independent opinion from Sproule. It reaffirms our technical team’s initial premise to target Block 2A during the application process as it was highly prospective with great potential for significant accumulations. While it is encouraging to have Sproule’s assessment for exploration potential for this area of interest within Block 2A, including a very strong lead,we now also believe it is relevant to note how this same area lies within the junction of two (basin) trends as being geologically similar to the successful Ngamia-1 well, recently drilled by Tullow Oil and Africa Oil, that is also located at the junction of two trends. As a next step we see our passive seismic program as offering a very strong compliment to the existing seismic we have for these leads. We definitely have an exciting, active and funded exploration program now in place for Block 2A and will look forward to the work of proving up our resources in the license."