GREY:SMBZF - Post by User
Comment by
nemo3on Aug 27, 2015 1:38pm
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Post# 24056553
RE:Possibly most important day in Simba's history.
RE:Possibly most important day in Simba's history.Probably lots watching but not every investor is on stockhouse. Just yesterday, I thought I might pick up more shares....guess not now. LOL
How many have been here since Liberia days? That was when Liberia was the only thing that Simba had. From what I understand, Liberia may once again be something that goes forward and Essel has the bucks to get the work done. For all we know, they could be drilling in Liberia before Kenya.
The news release may give us details on what funding if any Essel will provide Simba. What we don't want is a lot of shares issued but from my understanding there is NO talk of doing a rollback of shares.
It will be interesting to see the news and digest it. And then see what the opening price is. Barring something totally unexpected in the release, I would think we have a good chance to go up to .20 or .30 cents. I would think any higher valuation would not come until drilling starts. And any hint of a commercial discovery would blow our socks off. But one never knows. Maybe we only go up .10 cents. We will soon see.