GREY:SMBZF - Post by User
Comment by
PapaFritzon Sep 17, 2015 2:47pm
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Post# 24113106
RE:Any cyclical recovery in oil will only help
RE:Any cyclical recovery in oil will only helpkmacroecon wrote: This is one of the few in the basket of equities I have that has long term potential. Commodities are obviously cyclical-- but given the right circumstances (macro factors) Simba has the backing, partnership and potential to be a $2 or $3 stock once scalable production comes online, etc.
Great post Kmacroecon, that is exactly how I see things playing out.
Simba and its new j/v partner Essel just took 99% of the risk out of the equation, I'm not worried about what the stock does today, tomorrow or next week. The "hole" truth is always found with the drill bit.
:o)