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Bullboard - Stock Discussion Forum 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 Discussion

Simba Essel Energy Inc > Simba update
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Post by junotemple69 on Apr 17, 2019 9:55pm

Simba update

ESSEL got the drilling permit from Kenya. That is good news. They plan is to drill 2 wells. They are in negotiations will a drilling company already in Kenya. They said it will take about 3 months to set up the drill camp. They are still working out the funding situation. Dinning told me today he was expecting a call from Essel soon for a press release. Guys I have been with simba for 12 years and I have over 60,000 dollars invested. Yes I know it's been really bad run. But the negatively is not helping anybody. Simba Essel is going forward I find the news encouraging. 2019 will be a telling year for Simba yes I know I said that in 2017 and 2018. Simba is not dead yet and I still think and so do you true simba longs this still has a chance. Considering what we been through I like we are. Good luck and best wishes to my fellow simba shareholders.
Comment by Bull100000 on Apr 18, 2019 4:27am
That's exactly what Dinning/Sommer told everybody for Years. Why should the situation be different now? Are you aware of the financial problems ESSEL has, and how the other JV's turned out so far? But yeah, good luck to all those who still believe the lies.  Btw. what news are you talking about? There was no NR since January. 
Comment by yycblackgold on Apr 18, 2019 12:18pm
I call BS, unless you are repeating something from 2017; what is your source?  Essel has no cash, their Dubai offices were shut down; Gupta and Goel bled the company dry with lavish private jets.  Who is going to finance these drills when they can't even pay for the previous work (3-d, licence fees, reserve report)?  How can they get a permit when they still owe the Keyan ...more  
Comment by virgo85 on Feb 14, 2020 4:39am
Wow...!!! READ THE POST BELOW by yycnlackgold of April 18, 2018..... How can we missed the Dead on DETAILS on this one... Shiittt...The Company was indeed bled by Punkaj and Dinning.. -----.........
Comment by yycblackgold on Feb 19, 2020 10:28am
We can only hope for a miracle, perhaps Hassan will pull a rabbit out of his hat and save this POS............
Comment by Bravoo on Apr 30, 2019 1:29pm
Thanks Juno for sharing the info you got. It seems that longs that ask management for update all receive the same positive feedback about meeting and negociations. Simba can’t participate in negos as specified in the JV arrangement, Essel is responsable but they mentionned to management that this drilling and production work would be WITH Simba. One thing is sure, we never has been closer to drill ...more  
Comment by Bull100000 on May 01, 2019 6:06am
  Is there any reason to believe any of this BS this time around? EGME tells us to request info from SMB, Vancouver on the other hand claims that EGME is in charge and they can't do anything about it. Last NR was in January, so why would you even think something NEW is cooking? What kind of big step are you referring to if i may ask?
Comment by virgo85 on May 02, 2019 2:38am
The BIG STEP...is the stock down by a penny and now to .005c....That's it.... NOW THE SMB DOOR CAN CLOSE ANYDAY!!!!!...NO MORE BS....
Comment by virgo85 on Feb 14, 2020 4:45am
shiitt...BS told to shareholders by Mark abd Dinning.. Another Classic Post...... Posted by junotemple69 of April 17, 2019--- obvious source, the LIAR du , Dinning and Mark at Simba Office... KARMA CURSE be upon the Liars...Amen...