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Snow, of course there was hosanna on this board, just ask xs4all with his "INEVITABLE" remark. By the way, where is he? Feeling a bit silly, simple, guiltless, dull, gullible, gullisch, witless, oafish, stupid, flat, naive, innocent, naif, sheepish, sappy? (this is from Babylon translator, lol).
But... if Meridian indeed takes the effort to go to RB. My God, I thought he said he did not mind what people did with his posts, if they did not like them "put me on ignore" was what he said.
And now he is spreading his word (agenda) on RB, very contradictory if you ask me. I thought he wouldn't give a sjit.
Common sense? bwtfdIk.
Gary, be glad, it indeed could be that he wants you to sell (in a way at least, even he understood he couldn't really start bashing, because that would have been WAY to obvious).
I was VERY VERY VERY cautious from the (my) beginning, with his hosanna stories/facts (and followers).
Since he has changed his tune and put al lot of work in this change of tune (re: a lot of posts) I feel more confident about this stock. He, indeed it seems he even went to RB.
Little sidenote: is Meridian54 really Meridian. This is a virtual world!
But all 'n all, selling on monday would not be advisable as far as I can guess. I agree with posters there can be derived some kind of goal from this.
IMO, if Meridian indeed went to RB, he is not as astute as I thought.
Just my two pennies.
Doctor J.
Done reading all posts.
I should get an award for that.
IMSO, one thing is for sure:
I can't see it for myself in the numbers, but it appears that Meridian has posted WAY more than usual.
Fact: he has an agenda. Question: which one? I have to ask the milkman tomorrow. But there is indeed an agenda.
Ok, Oilman, it's in writing.
"If it is to good to be true, it is probably not true"
is a phrase that I was thinking about constantly, and was the reason for my hesitant mindset regarding Meridian.
Now he is actually being more realistic. And what's wrong with $3,- from this point with an option for a rise to maybe even $20,- ???
JMHO.
Meridian, can you remember that post in which you said to me: "Julius, do you want to be me?"
You were so popular. Very likely for the wrong reasons. :D
I haven't caught up on all the posts, I'm two pages back, but I think your realistic. If you have some agenda, it will not work with these believers, they will not sell. They (I) hope there is Oil, the rest is not important.
Oilman, just a reminder.
You say: "Suspicious? Why be supsicious of a guy that claims he no longer trades stocks because he was busted for trading on insider information?"
Now Meridian is saying things that you don't want to hear, your trust in him is (partly) gone. When I was sceptical about Meridian in the (my) beginning when he was saying things that everybody wanted to hear.... I was called Joe Blog.
Just an observation, maybe an eye opener for some here. What do I think of Meridian? Well... I don't know! And therefor only a certain % is invested in ERHE. Sounds ok, doesn't it?
Either meridian is BS'ing, or he is realistic. 50-50.
Meridian, you better watch out...
or they will think your Dr. J.
"I cannot help people living up in the clouds."
Well said. On the moment people get really upset with criticism, you know they are...
Remember the "INEVITABLE" post from what's the guys name again? xs4all?
JMHO, of course.
Badog, I like your posts.
But regarding your swinger traders/flippers remarks;
Consider this, people who invest in over the counter stocks normally do have a stomach that can handle a little bit. I think that the suggestion that some react in anxiety to posts on this or any board is very unlikely.
Every normal human being has a built in suspicion regarding the information that is passed and shared on boards. Wether it is positve or negative, good or bad news.
The fact that the shareprice doesn't (yet) continue upwards from the $.30 is logical. The signing brought it to $.80 plus.
New investors or new investment money will come only with new facts. It could be that readers of this board are ahead of news and have a more clear outlook on what is going to happen, they will benefit from it, later on.
But official news and developments will bring in institutions and more mainstream investors. Ihub posts will not bring this stock to multi $$$. Current investors are "ahead of this game" and therefor need to be patient.
Torturing oneself with the thought that daytrader mess up this stock(price) is useless and also not correct.
JMHO.
I think the volume was to low for something to happen.
JMHO.
Crappie, even you will need new investment blood.
You won't get them by not being a bit critical.
http://www.investorshub.com/boards/read_msg.asp?message_id=10420221
Now this was a good post. Only thing was, I remembered the seismic is from 2003. Did they have the 75-85% hitrate 3 years ago, or are these hitrate numbers more recent?
That's all I wanted to know. My God.
Lol, tap.
wx_gssr, I feel sorry for you.
I guess telling you you're an idiot won't do it, so there we go (why do I bother?)
1. I think you have a problem with 'authority'. Lol.
2. Creating FUD. Aha. In the beginning several paranoid posters thought I was Joe Blog, but after I addressed that it stopped. It seems I was effective in convincing people here not to get to paranoid. By the way, a 100% ERHE portfolio does not help much, imo. But now you start all over again, either you did not read my posts or you are just a plain idiot.
I do not daytrade, and creating FUD seems pretty useless in light of the potential. But it does show you're over your head in this, you see enemies behind every tree. You need to relax and you need to get a hold of yourself, or alter your investment style. Don't whine about the daytraders, the players, etc. You are on the otc. Be a man.
Now the MOST important thing. You said:
"I am dumb enough to know with absolute certainty that the Share Price will go up when its ready to go up. I really don't care when that is...because I know its inevitable."
Inevitable. Inevitable? INEVITABLE??? If that is really the case, then when do you have a problem with daytraders, FUD creators, Players and the likes? Why are you even here reading posts when it is inevitable? Just buy and hold and do something else in the meantime. I think your not that sure about yourself. "You are quite transparent since your arrival..." I've said before that I come from the WORLD GAMING board and SEVERAL here know me, now stop making a fool of yourself.
The shareprice reflects current opinions. In the oil business there are so many insiders, if it was truly "inevitable" the stock would have been dollars higher, even without institutions and layman investors.
Your post did radiate one thing only. Doubt, uncertainty. And you try to get a hold of yourself by barking at the enemies. Woof, woof. . . kai, kai.
You say: "If you want to comfort yourself..." I do not need to comfort myself, I'm in this stock with the percentage of my portfolio that I feel comfortable with. Are you familiar with that way of investing?
Again, other blocks have also been called "promising". If you want new investors (like me) some things must be clear. For people who did not hang around here for years, this is a GAMBLE stock, get it? "Inevitable" is the LAST WORD they will use in combination with this stock.
Again, why did I even bother, boy.
Just look at the shareprice. I'm sure you will get it within a certain period of time.
The Doctor.
wx_gssr, is that a idiot way of saying "I don't know the answer, and I don't want to know"?
You must be one hell of a moron. Let me simplify it for you: if you have any hope for the shareprice to go up, you'd better pray for LOT'S of people asking questions regarding ERHE.
Enlighten yourself. How dumb can you get...?
Seismic on these blocks is from 2003.
Has the technique improved over the last 2+ years, and what does that say regarding the hitrate from 2003?
Regarding 3D,
is there anything to say about the "hitrate" of 3D being correct.
Any studies on that? In how many cases did 3D show a hit, and it turned out to be Coca-Cola? Wasn't there a "promising" block discussed here a few days ago that did not deliver.
How reliable is such a 3D in General? If one looks at the shareprice, one would almost say: "not reliable".
That I understand, BUT
without oil this investment is down the drain.
$45.9 million is nothing compared to what the stock is worth at this moment.
So Oil is everything. Open door. Thank God we have a few chances to hit a duster, lol.
Kobiashi, what do you mean by
"however despite what many think I'm of the opinion that the risk is all gone despite hitting a duster."
What do you mean with "despite"?
Just curious.
Doctor J.
If it goes down again, then Joe Blog called the Offor Clan and told them to sell some.
Berkshire Hathaway
:D
Question is can it take the hurdles .90 and 1.00
Otherwhise it will go down again I'm sure thanks to the players fiddling with this stock.
If rumours are (even a bit) true,
this is can be called an understatement or downsizing:
"Chevron said it finished its first exploration well, called Obo-1, last week
and is currently appraising samples from the well to determine if it
contains commercial quantities of oil."
But theoretical very true. I remember the fuzz with Shell some time ago about proven and unproven oil.
SandOil
There was an newsitem on Dutch television yesterday about Alberta Alaska, and Sandoil. Trillions of barrels lying in the sand, with these prices it is commercial to get it out of the sand.
Bummer.
http://www.cbsnews.com/stories/2006/01/20/60minutes/main1225184.shtml
But which block(s) DO they mean?
If at all...
Maybe it has something to do with the ink on the contracts, could not handle seawater.
You mean this value?
http://www.investorshub.com/boards/read_msg.asp?message_id=10230610
To keep the faith, even without any hard evindence...
Meridian will be back when the sjit hits the (virtual) fan (again).
Although you could be right about Joe deserving such a doll. . .
It did not answer my question(s).
;
The other "Doc"'s quote:
"Expect however that CVX will also use every trick in the book to minimize it and disclose as little as possible to the JDA and to outsiders, at least in the near future."
What's the reason for that? How would CVX benefit from this again?
Just a reminder,
If you read MSGI, think about Tatrader11. . .
The seismics on JDZ blocks were done in 2003, right?
My point was, is the seismic from 2003 in ERHE blocks more precisly than the one they did in 2000. Other technique? More reliable?
NO, i'm not from Samsys Technology in Toronto. I'm from the WGP/WGMGY board and use another handle now, because I wanted to pay tribute to my all time favourite Doctor J.
So people won't forget him. . . :P
OPL 250 was called "one of the more promising blocks"
Just like block 4, should we be worried? How did they examine that block, and came up with nothing commercial?
BB, in a nutshell, why did Noble let this "jackpot" pass by again?
Not the expertise or money or what was it?
And,
Addax CEO: ""The block we have is one of the most prospective in the region. We promise as operator of block 4 to deliver as we have promised," said Gandur."
What did he promise exactly?
The Quote:
"Seaking at the event, the Chief Executive Officer of Addax Petroleum, Mr. Jean Claude Gandur said that his company believed reserves in block 4 hold much promise, with potentials put at between 2 and 3 billion barrels of reserves."
is not a promise in itself, but looks promising, like he says.
BB, this quote is from 2003.
Art writes a few posts later (34615):
"The seismic data will probably be backed up by electo-magnetic mapping of the blocks before drilling commences."
What have they been doing in the mean time? Was that the only seismic report made on these blocks/this block?
Where does this "chatter" come from?
Links, or just talk in the oilworld?
"The "Chatter" on the find is Growing in intensity, rumors and indications are the numbers are OFF THE CHART."
Is this a quote? Should it say: "indications OF the numbers"?
Where is this coming from? Just curious.
Meridian, are you one of the. . .
looters my good friend Joe Bonanza talked about today?
"There is widespread belief that a small group of looters has been hard at work on ERHC Energy shares over the years, keeping it from realizing the full value of its rights in the Gulf of Guinea to some of the most promising oil prospects ever."
;P
You make no sense, BOY. Enough said.
EVERY bank in the Netherlands. Your stock is your collateral.
I'm not wrong on Meridians effect, I was told that. And it's an opinion, so don't say you "know". Because you cannot know.
And stop making a fool of yourself. There are 3 longs here who know who I am. Some here are a bit paronoid. REREAD all my posts and see who else talked about World Gaming PLC and then you know which guys now that I'm not Joe.
Now don't tell me Joe causes you having nightmares. I only said that I like to read some of the naysayers in order to see if it could be of any value. Maybe you drew your conclusions on Joe years ago, I was NEW in this stock and liked to judge him for myself, capice?
But I must say now, that his blog is of not much use indeed, lol.
So stop acting like a smartass, just like some other posters who see a "Joe" behind every tree and in every post that doesn't fit in their universe.
"But he did have a calming affect. . ."
I think that's an understatement. So, without that calming effect, it would not have stop at .60 you can bet on that.
If the market would have closed later on that friday, you would have seen armageddon. Agree?
So what doesn't make sense, nwtf?
Let's say I have $50.000,- worth of stock, then I can borrow up to 70% from that $50.000,- If the stock drops, the bank will call you and obligate you to sell to cover losses. But if you have invested all in one stock, it can go bad very quickly.
At least, in the Netherlands that is the way it goes.
Regarding Meridian, I was told that it was very likely that it would have dropped way deeper without his information, right after the ceremony went sauer. Isn't that correct?
Invested on borrowed money? All in one stock?
I would say, granite balls !
I think you now what could have been the consequenses. If Meridian did not show up when he did the shareprice could have dropped drastically, and you were obligate to sell into a nosediving stockprice.