Simba Essel Energy Inc SMBZF

RE:RE:First Post

[kevster70]

It's all down to opinions and I think your looking at a very negative scenario,personally I think the truth lies in the middle...The people who I've traded with over the years all have the opinion that poo will rise from here,not to previous levels but it will rise...As for the markets I don't fully agree..Yes it's a bear market and has been for some time but that only limits the levels of sentiment..there will be plenty of opportunities to trade this high and low over the next few months if that's your game...I do agree that people get carried away with what they are expecting..the days of quick fortunes are long gone..i bought gkp at 3p and sold out over 3 and made an awful lot of money..this wont happen here but it does have more potential than most explorers at it's current levels which will make it attractive,the time frames you mentioned are realistic but this is an untapped country and that always helps...Just out of interest name me a oil explorer with better potential to nav at this point and I will pick that apart the same as you do Simba...Of course it's easy for me to say as this is a free ride and I agree if I was investing from scratch I wouldn't commit too much but that's the same for any oiler at the minute...I think at it's current price its as good a value stock in this field as there is with not too much downside and the opportunity to make money on the good...but it's all down to opinions..