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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
Comment by kjs4381on Nov 11, 2013 11:12am
180 Views
Post# 21894051

RE:RE:Edison report Oct 16

RE:RE:Edison report Oct 16 I think the report is giving a very conservative estimate of the sp, and analyst's in general have really gone that way since the market melt down a couple of years ago.

I feel that they are doing the investor's and junior companies a disservice by being so conservative, because they are creating an atmosphere of  low expectation.

I"m  not saying they should put out an inflated estimate of the sp, but at least talk of what the potential sp could be once certain milestones are met.

Edison is not giving Simba much credit for the the other psc's , or the money that Simba will have in the bank after the farmout deal with Ajax is completed, but they are quick to point out that Simba doesn't have much money in the bank currently.

Seems like a lot of these analyst are too afraid to tarnish their reputation by making a bold or higher predication ( evaluation ) when it's warranted, and in Simba's case I believe it is warranted.

I would like nothing better than to see Simba's sp take off and exceed those conservative estimate's and make the analyst's  reputation take a hit for under estimating.  JMHO
Bullboard Posts