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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 PapaFritzon Nov 03, 2015 12:42am
143 Views
Post# 24252561

RE:RE:RE:RE:RE:RE:RE:RE:RE:Ongoing funding to operate SMB

RE:RE:RE:RE:RE:RE:RE:RE:RE:Ongoing funding to operate SMB
lushlife wrote: Excersizing a warrant is a new share. Nobodies going to exercise a warrant unless its in the money. So the company gets a bunch of money but there's a lot more shares outstanding. They have way too many shares as it is. Its a way for a bunch of rich people to get richer at the expense of the retail investor. If they consolidate the shares the s.p. will become more volatile, which will attract traders. There may be short term pain but long term gain for shareholders and the company. If I ran this company I'd be doing a share consolidation. Nothing really matters unless oil prices rebound. This isn't a play for the impatient. We all know as soon as they begin the field work all the pumpers are going to show up spouting off that the s.p. is going to .50 cents to a dollar in the near term, which is utter nonsense. This is a long term play, I choose to buy and sell to make a little money rather than waiting for the jackpot. 



Lush, put the bottle down for a minute, try and think longer term than next tuesday? Essel just put their #1 guy on the board - why they hell would they consolodate themselves after committing $100 Million + $2 Million ? A bunch of rich people want to make 10% day trading penny stocks??
I don't think so smart guy, Maybe just calm down for a minute and think about what is happening here? 
Is the light going on yet???
Bullboard Posts