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Simba Essel Energy Inc SMBZF

Simba Essel Energy Inc is a Canadian exploration company. Its principal business activity includes the acquisition and exploration of resource properties. The company engages in the process of exploring its oil and gas properties.


GREY:SMBZF - Post by User

Bullboard Posts
Post by Crossthreadon Jul 20, 2017 7:15am
190 Views
Post# 26489318

A long time coming

A long time comingI have held this stock for 2 years now. Bought and sold a few times. Made a little coin, sold at 0.12 and bought back at 0.09......Caught the falling knife I guess.   

So they are buying a producing asset to finance exploration. Why are you all mad about this??? This is how Oil companies work.  Having some income, assuming the asset being purchased is actually worth something and produces, is a good way to have some cash flow. This is the first postive step I have seen this company do in 2 years.  Everything else was just talk, no proof. This is a good thing. Lets hope they aren't buying dusters.
Bullboard Posts