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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 kevster70on Dec 15, 2016 6:51am
205 Views
Post# 25602771

Interesting...

Interesting...
I wont deny this had gone under the radar a bit..I knew they were renegotiating after the warrents were deemed against the exchange rules but hadn't heard what....You have to be critical of the mistakes that Simba AND ssel keep making...it's hard to imagine that the warrents weren't legally investigated prior to announcement isn't it?? I think the exchange has had 2 areas of concerns around Simba,obviously the warrents was one and the other is payment to the Broker which I'm told has happened but again the process was brought into question....At the end of the day I have some agreement with whats been said here...Shareholders always come out the worse in the end after episodes like this...Has as been stated the exchange is due to give a 24hr notice of resumption of trading,they were hoping for it today so we will see..As for the opening price,we need to be realistic...The trading/investment wolves are never slow to sense a opportunity and I expect this to be trading 5.5c-6 unless they time the update and video at the right time to give it support....
Bullboard Posts