Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I wonder how many sons Obasanjo has? 30? 50?
Reminds me of when Reagan's gay son criticised his father for not supporting gay marriage... or Cheney's daughter.
It is the same stuff Neves has been saying, but I think from a guy who is from one of the parties that is allied to him...
Is this a better translation?
of the house of representatives of the next legislature to deal with this question if thus to understand ". How much to the report of the PGR, it considered that it constitutes "the confirmation of that serious errors of procedures had been committed during as the auction of the zone of joint exploration with the Nigéria". "We think not to be correcto the form as the President of the Republic criticized the preliminary work of the Office of the attorney general, that can and must make its work in full serenity, without pressures on the part of the agencies of the power politician in this country", underlined the secretary-generality of the ADI. "the President of the Republic related the agreement of 1997 with the ERHC as being a criminal act for the people of Are Tomé and Príncipe, branqueado for the PGR. These accusations are serious, for besides being directed against the PGR, spot the good name of some personalities and controllers of this country ", emphasized equally that controller. "ADI would like that President of Republic authorized, more quickly possible, to solicitor names of ` criminal ' that they had signed the agreement of 1997 with the ERHC, nominated to understand as and why reason nominated during its mandate the engineer Carlos Gomes that it signed in 1997 the ERHC-MOBIL-STPetro agreements to the rank of the chairman of the board of Administration of the Joint Authority, as and why reason nominated engineer Mateus Meira Rita shareholder of the ERHC and employee of the ERHC in 1997, minister of the Oil, minister of the Foreign affairses, director of the cabinet of the PR, ambassador of Is Tomé and Príncipe in the Nigéria and member of the joint ministerial commission that it decided on the last auction, that clarifies of a time the responsibilities stops with the 1997 agreements up to 2001, since we know that the remaining agreements had been signed, negotiated and assumed on the direct control of the President of the Republic, Fradique de Menezes ", in accordance with the note deals for Patrician Thunderstorm. In that he touches to the deep ones of Morocco, involving Small the Ovídio minister, the responsible one of the ADI defended that reason is "sufficient, sufficient for taking of measures on the part of the head of the Government", remembering that "the sum is proceeding from tranches of 2001, 2002 and 2003 in the picture of an agreement enter the government of the Kingdom of Morocco and the Government of Is Tomé and Príncipe", that it was signed in 2000. "the President of the Republic affirmed, giving example of that a credit of 10 million dollar granted for the Nigéria disappeared of the Public Treasure, that due to bad management that the public Government makes of the money, the Presidency, in concertação with the MNECC, it decided to proceed to the default of law 1/86 and of the norms in vigor", it added. Inácio Amorim Photograph: Rui Neumann
I guess it was too vulgar, tree.
Cold you please post it here.
That message may have been removed, or you clicked an invalid link. We suggest you return to the SPRL index page.
- - - - -
Return to the homepage.
Too much PROZAC in the tea leaves, Stockguard.
Offor doessn't want partners telling him "stepn'fetch".
Read his other deals.
The relief money to Chad was used bu Muslims in Kartoum to buy helicopters to straff the refugee camps.
One of the reasons Bush should support Offor/Ousnajo(?)/Menendez is because they are Christians.
MONGO, since the deal with Addax happened after the dates that were supposed to be covered in the 10-Q, I guess that the new accountants didn't feel comfortable using it as a basis for financial security.
Bottom line here is you are betting against Offor and we aren't. Even Neves has come around; what does he know that you don't?... besides your father's name that is.
Anybody know the names of the insiders who sold on the 40 cent run-up? I heard there were a bunch. TIA
Melgarejo seems to be real from the time he spent on the ground with his primative rig getting gold by the river.
That might go a way with the natives in getting some cooperation.
The mine in idaho Falls also has some value as the price of gold goes up.
http://www.goldmine-idaho.com/history.html
Somebody should call this guy as he has seen the mine and loves to talk. Told me it could be profitable for the guy with the right political connections. BUT he is hard to catch.
I think NDOL is tanking cause AMyot has too many other Pump and Dump scams, also the news was so good that if it was true Russians would be buying.
Canadiann stocks get a bad rap. SEDAR is a great place to research and the Canadian standards of reporting and accounting are strickter than USA.
Check EZM, a Portuguese Copper mine, for how easy it is for Canadian stocks to get listed on AMEX.
What I like to see in a chart! Spike on volume
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=erhe&sid=0&o_symb=erhe&f....
I think it was the news that Neves backed off. He was the one mentioned in the Reuter's news that tanked us two weeks back.
"report by Sao Tome's Attorney General's office said there were... blah blah blah."
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh09429_2005-12-12_17-52-09_l12....
The problem is that ERHC can then make trouble with anybody that does business with STP who has taken advantage of their contractual loss.
The biggest payout ($8 billion) in the US courts up to 1984 was for Pennzoil when somebody ( I think Standard Oil ) interferred with their leases somewhere in Texas.
Texas judges and juries are very liberal when it comes to oil lease damages.
or they could go to one of Offor's friends in the Nigerian court system or even San Tome....
I still think it is about politicians who want bribes.
This reminds me of Indian Casino politics in the USA.
Who's the "they" here?
In his comments, Daukoru sought further to distance Nigeria from Offor, once an influential character on the Nigerian political scene, but now a more marginal player. He advised São Tomé that Nigeria had never acted on ERHC’s behalf, and said: “whatever equity belongs to ERHC, THEY can expropriate or buy, whatever”.
Bottomline is these clowns take every opportunity to solicit bribes...how they got where they are.
Ruby, a very good translation. What translator do you use?
Black males open fire in crowded mall killing girl.
CBC, Dec 27
by Joe "the knee-jerk" Liberal Blog
Two black males open fire inside crowded Toronto mall killing a 15 year old girl and wounding six others. Prime Minister Paul Martin blames everyone but the killers.
"I think more than anything else they demonstrate what in fact are the consequences of EXCLUSION," Martin said at a menorah-lighting ceremony in celebration of Hanukkah in Montreal.
He said when he last visited Toronto – shortly after a fatal shooting at a funeral for another gunfire victim – he met with young people who talked about the void in their lives and the hopelessness it can bring.
Earlier Tuesday, Martin said he was "horrified" by the latest shootings in Toronto, which, he said, has too often been the scene of senseless gun violence. The slaying was the 52nd gun-related deaths this year in the city, out of 78 slayings.
Read Article
28 Dec 2005
Sounds like we have a conservative accountant. I'm thankful.
I remember Ennron and AOL.
I don't think this quarter covered the deal with Addax. I think they will carry to first oil and then it will be "gusher city".
One night I got paranoid and thought "Offor" might just be an internet scam, somebody made up to hype this stock, so I googled "emeka offor". Anybody who doubts his ability to put together deals and elect politicians should do the same. He is as clean as African politics allow. Remember the country is being invaded by Islamic terrorists.
Betting against Offor is like betting against Dick Cheney.
Ruby, I always like your posts... never hype, just facts of importance whether positive or negative.
ERHC reminds me of CWPC.ob -- a Canadian Oil Sands stock interested in the Athabasca Range.
It seemed too good to be true at .40 with old drilling data.
Then they bought $5 million more leases which seemed too good to be true... but the stock went to .60.
Then a rumor leaked that they had gotten drilling permits and the stock went to .80.
When they started drilling the stock went to $1.00 and started to draw attention.
Since then it has traded between $2.40 and $3.00
The market doesn't like any uncertainty and it doesn't like BB stocks. Doesn't mean the stocks won't do great when the oil starts to get proven.
Gig, that's old news from before the treaty...maybe really based on reports that were 3 years old.
You might get in for a quick pop when the awards are signed.
Bottom line is Neves is a minor cabinet official in the party out of power and the prime minister of his own party wants a deal.
Why not call the transfer agent to find share count?
Send a private message or post here. I'll talk to whoever.
This is he most blatant scam going.
Same old, same old
REPORT OF the GENERAL-PROCURACY OF the REPUBLIC GIVES REASON TO the DENUNCIATIONS OF the PARLIAMENTARY COMMISSION FOR OIL PRODUCING SUBJECTS
J.Vitrina 28.12.2005-J.Vitrina-(S. Tomé) for oil producing subjects met The parliamentary commission this Wednesday to analyse the report of the general procuracy of the republic that points to several faults of proceeding for the selection of the concessionary companies of the second auction carried out in last year in the zone of joint exploration of oil between S.Tomé and Prince and Nigeria. According to the president of the commission Carlos Neves the results of this report it comes to give reason to the alert of the commission itself that was attracting attention in the height for irregularidades in the process. The fact got a beating up to the commission to hear it then Minister of protection as well as several personalities connected with joint authority.
The results of the audition, it advanced Carlos Neves they were already demonstrating that the process referring to the auction in question was falsified. “
So did you write Teresa Kerry speech that started, "If only we had been able to destroy apartide, South Africa would be a florishing economy ruled by racial harmony. But we fought bravely for a just cause from our fenced and patrolled penthouses in Upper Manhattan.....ad nauseum"
She sounds like your kind of dingbat. It's not too late to start rewriting history and fantasizing about the real world for Hillary Cliter. Better jump right on it, Joe!
Joe, your last blog is as much misinformation and disinformation as I have seen you cram into that pathetic hype and trash POS..
Does this mean you sold and are bottom fishing again or do you alternate meds on a regular schedule that is gone into panic attack?
gotmilk, I have talked to engineers who have seen this property. send me a private email and I will tell you some very interesting info.
Something to read while we wait...........
WHAT APPLYS TO ERHC? .. WHAT DOESN'T?
THIS IS FROM THE NDOL(it fit them like a glove, and also SPRL) board at RAGINGBULL.
Mx
....Penny stock fraud has become an international epidemic, spreading at a record pace thanks to the efforts of boiler rooms, greedy promoters and unscrupulous company insiders.
These fraudulent schemes generally involve the shares of obscure companies which have few assets, negligible revenues, and dubious operations. Most of these companies trade over-the-counter, on the OTC Bulletin Board, Pink Sheets, or non-U.S. exchanges. As of September 2005, 3,280 companies were listed on the OTC Bulletin Board. Another 4,773 stocks were quoted solely on the Pink Sheets. Over 35.5 billion shares changed hands on the OTC Bulletin Board in September alone – an average daily volume of well over one billion shares a day.
This arena is a crucible for securities schemes, yet the OTC Bulletin Board has few listing requirements and the Pink Sheets have none. In fact, the Pink Sheets are a private enterprise with no regulatory or disciplinary oversight functions.
The term “penny stocks” is something of a misnomer, since it includes stocks that trade for $5 a share or less. Penny stock rules are designed to protect the public since investments in these low priced securities tend to be speculative and risky. When stock brokers recommend these penny stocks they are required to have an existing relationship with their customer or to determine that such investments are suitable for a new customer. Unscrupulous promoters and boiler room operators generally ignore these rules.
Although penny stock schemes are frequently successful, they seldom are subtle. Unlike the elaborate accounting schemes that accompany massive corporate frauds, like those that unfolded at Enron, WorldCom and other major companies of that ilk, penny stock frauds usually rely on the garden variety “pump and dump” scheme. The promoters gain control of the company, often through a reverse-merger with a shell company. They then spread false and misleading information about the company to spark interest in the company, generate volume for the stock, and pump up prices. Once stock prices rise, the promoters dump their shares and stock prices slide back toward oblivion. The game takes on several variations, but the basic framework seldom differs.
Often, these schemes employ one or more of the following tools:
• E-mails touting little known struggling companies with virtually no chance of success. These spam e-mails seldom identify the sender or provide accurate contact information. They do not provide a balanced view or disclose investment risks. E-mails promoting worthless companies have proliferated in recent years, appealing to investors around the world.
• Unrealistic financial reports and research reports that tout a company without presenting a balanced view and occasionally include unsupportable financial projections.
• Press releases that are issued to create a buzz about a company. Upon close examination, these press releases are short on details and long on unrealistic promises. They provide just enough information to whet an investor’s appetite.
• Announcements that an obscure under capitalized company is about to become a player in a cutting edge industry. After a season of brutal hurricanes, promoters seized upon the plight of storm victims to tout tiny companies that claimed to be poised to profit from relief efforts. For the most part, these claims were without substance.
• Internet message boards used to tout or attack a company. Message boards have become a haven for zealots who are prepared to defend worthless companies, even though every available fact indicates that the company has virtually no chance of success. They offer little opportunity for honest debate; just a forum for a company’s fans, where negative messages are labeled as “bashing” and critics of the company are accused of undermining the stock.
As we noted, these schemes are transparent. There are a number of bright red flags that should trigger concern:
• Claims that an obscure company is poised to capitalize in a “hot” sector, like homeland defense, hurricane recovery or AIDS research. In the wake of
September 11th many of these schemes claimed to have developed cures for anthrax and other biological threats.
• Companies claim to have relationships with better known, successful businesses. Usually, these relationships are non-existent or insignificant.
• The company being promoted does not file regular public financial reports with the SEC.
• The company being promoted has negligible assets or revenues
• There has been unusual, excessive trading in a stock.
• There have been sudden dramatic price swings for the stock of a company with no track record, discernible business or demonstrated revenues.
• The Company routinely uses Form S-8 to register shares for insiders, employees or consultants. Form S-8 allows companies and promoters to flood the marketplace instantly, with registered shares that have been issued to anonymous individuals and companies. ***WHAT ABOUT THIS? Mx***
• A company with little operating history employs numerous consultants and awards them shares.
• The company sells unregistered stock overseas under Regulation S. Regulation S has created a virtually unregulated environment for offshore sale of U.S. securities. Companies listed on U.S. exchanges may sell unregistered stock to non-U.S. residents. U.S. investors are protected because those shares cannot be resold in the U.S. for at least one year. Overseas investors? They are on their own.
***WHAT ABOUT THIS? Mx***
• The company has engaged in one or more reverse-mergers.
• The company has offshore investors whose principals are undisclosed.
• A public company frequently changes its business plan, while maintaining the same management.
• The business is incorporated in Nevada. Nevada corporate law affords the individuals in control of a company to make significant decisions without first notifying or gaining approval from public shareholders.
• Canadian connections. Tiny companies have proliferated with the following in common: they are incorporated in Nevada, have offices in Canada (usually British Columbia), have attorneys in Florida, California or New York, and often use transfer agents housed in Utah. Their goal is to create a jurisdictional blend that allows them to scam investors in the U.S., Canada and around the world. In order to catch these crooks, regulators from these various jurisdictions must cooperate. That takes time and resources – and plays into the hands of promoters who are operating at a far quicker pace.
LOOKS LIKE ERHC DOES HAVE SOME OF THESE FLAGS, BUT WHAT WOULD TIP ME IN FAVOR OF LEGITIMACY IS THE CONNECTION WITH PXD AND ADDAX.. ANYBODY BESIDES MONGFO HAVE AN OPINION? TIA Mx
If you want to see the charts of Amyot's other projects, too bad, Tree won't let me post.
Hint: they look exactly like the chart above.
I am looking at these awards as the counterpart to the Patriot Act. Lots of bitching from the opposition for political positioning, which will amount to nothing.
The JDZ is like the Executive Branch. What they do in this situation is nobody's business, especially the extreme wings of the legislature.
I think Neves is the Russ Feingold of San Tome...always whining and looking for someone to line his pockets.
In both cases the "deep pockets" are probably Muslims. In Fiengold's case there is no "probably" about it.
If Jamie is cool, this could be a geat opportunity. He has worked hands on with locals and probably is trusted.
Somebody check how Armon Hammer started OXY when he got on Stalin's good side.
NDOL.....
This stock has had some-what of a toilet dip recently, looking at other Boards I see several complaints and a sence of sheer disappointment amongst the comments.
However, in light of the decreasing stock price, many factors are at play here...but who can deny it is tanking?Some investors for sure have lost faith and sold,duh? ( the quick fix ones), others to cover short positions on other stocks. We have all been taken!
But looking at it from an investment point of view, the volume is very low right now like a waerr saver toilet, the momentum is weak up or down, and no large blocks of tuurds up for sales and/or buy's.....what looks like a loss of ~300% is realy misleading cause it is now a loss of 500%..it's what I would call drifting or floating. Day Cash-Trade volumes of 5K-20K is nothing.....NDOL has no oil, BM production dosn't happen over night. The days of expecting 1000's% gains overnight is over, it's time for losses.
True value fundementals don't fly like that, moderate gains built over substantiated results is what will give long-term value to NDOL and shareholders alike.
Q1-Q2 of 2006 is when this stock will come-online, before then is wishfull thinking, sure it will move up, but first an extracted product is needed and sales contracts signed to accept it must be made........and that takes time...
The Dr Scamaramma
Holding a long doodoo
Please get a clue, Mongo. THE SEC OF STATE KEEP RECORDS OF SALES. THIS IS WHY IT IS TOUGH FOR A NEW ACCOUNTING FIRM..THEY HAVE TO SUPPLY THE INFO. WHAT PART DON'T YOU UNDERSTAND?
Mongo,I think you missed my point. You can call the Sec of State in the state of incorporation and see if insiders are dumping.
If they have done so without reporting they are now going to jail. I think Calpine was the one.
Mongo, have you heard about the guys going to jail for selling before or without filing?
I would think this type of info would be what you would love to find on ERHC.
You can probably call the Secretary of State in Texas to get the info. They should have a list of all shareholders and number of shares.
What happened to the guy with the CIA connections from Texas?
He sounded okay.
TORONTO--(BUSINESS WIRE)--Feb. 9, 2005--Strat Petroleum, Ltd. (OTCPS: SPRL) is pleased to announce that it has retained the services of the Tejas Corporate Partners L.P. (www.tejascorp.com), a highly-respected consulting firm, based in Houston, Texas.
"We are excited to retain the services of such a highly-respected consulting firm. We believe that Tejas Corporate Partners L.P. will be important to Strat Petroleum's aggressive acquisition and growth plans, which are solely intended to position us as a top-tier, global, independent oil and gas production company," said Sam Hyams, President and Chief Executive Officer of Strat Petroleum Ltd. "Tejas Corporate Partners is recognized for its unique expertise in strategic consulting to the independent oil and gas industry and has the respect of the business community necessary to assist us in achieving Strat Petroleum, Ltd.'s short and long term financial goals, adds Hyams."
Together Tejas Corporate Partners and Strat Petroleum Ltd.'s management are focused on an acquisition program targeting high quality, low risk oil and gas prospects provided via key strategic alliance partnerships. Tejas Corporate Partners' energy section is currently evaluating and conducting due diligence on a number of promising acquisitions for Strat Petroleum Ltd. Strat Petroleum Ltd. has begun implementing certain aspects of its growth and acquisition strategy developed with Tejas Corporate Partners' and expects to complete the acquisition and development of various properties this month.
"Tejas' Corporate management is focused and committed to effective development of the resource exploration, corporate development and financial governance required to help Strat Petroleum Ltd. build a truly growth-oriented business, said Michael Bradle," Tejas Corporate Partners' managing partner. "These acquisitions reflect Strat Petroleum's commitment to developing a series of strategic oil and gas plays into long term contiguous exploration and development campaigns," adds Bradle.
With offices in Lampasas, TX and Washington, DC, Tejas Corporate Partners is a full-service, global business consulting and strategic communications firm focused on strategies and solutions tailored to their client's specific needs. Tejas Corporate Partners' comprehensive, and integrated portfolio of services are designed to navigate the complex international, government affairs, communications and business development challenges their clients face.
Strat Petroleum, Ltd.'s strategy is to enhance shareholder value through the acquisition of oil & gas properties with proven reserves or producing/capped wells. Should you wish any additional information on our projects or management team, please visit our website at www.stratpetroleum.com or contact our Investor Relations office. Due to the volume of interest we will make every effort to respond as promptly as possible.
Statements made in this press release regarding the Company's or management's intention, beliefs, expectations, or predictions for the future are forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to compete effectively in a rapidly evolving and price competitive marketplace; uncertainties of completing business transactions; uncertainties of raising necessary capital; no control over long term pricing; possible reductions in demand for our products and services due to competition or changes in industry conditions or political environment; changes in the nature of energy regulation in the Russian Federation, the United States and other countries; political risk; currency exchange risk; changes in business strategy; the successful integration of newly-acquired businesses; the impact of technological change; reliance on management and management contacts; and other risks that may be referenced from time to time in the Company's filings with the Securities and Exchange Commission.
--------------------------------------------------------------------------------
Contact:
Investor Relations/Corporate Communication:
Strat Petroleum, Ltd., 905-714-0058
www.stratpetroleum.com
Walldog, on the other hand, does USA want to alienate Nigeria?
I look at it as a Christian versus Islamic Terrorists problem.
If USA sides with Nigeria they probably win. If they side with Exxon they loose the support of the Nigerian government which may then turn fundamentalist. I think the pipeline explosion should be a warning, but the USA could easily shoot themselves in the foot like they did in Vietnam by whooring for Exxon (which is so global it doesn't give a darn for USA).
This is why Russia has the advantage over US as a democracy.
When you say Exxon doesn't lose, I think you are forgetting the whole history of Venezuela, Iran, etc. where oil once owned by big US corporations was "Socialized".
If the US doesn't get access to this oil they are screwed. This is Osama's plan for victory. His best allies are our crooked politicians.
Procon, is this an apology to Mrrhodes? Best to acknowledge in the open, no?
I figure this stock is like a new drug company waiting for FDA approval.
Without approval: 32 cents
With approval: what's your guess? I think you have O&G experience, right?
Do you agree that each block is reasonably predicted to have about 1 to 2 billion barrels or is this just hype?
Are the adjoining blocks a good indicator?
What"s a quick breakdown of the oil per blocks?
Hypothetical. If block X has 800 million barrels with a 60% drilling success rate and ERHC has a 20% interest and wells cost $40 million each and oil is $50 per barrel...
how much does ERHC clear from that block?
Thanx in advance
I haven't seen any analysis like this yet.
So what would be a reasonable estimate of the value of our percentages IF they ever sign?
But what are others paying for 10% of a block
So the value of the free bonuses is?