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Great news Mark, thanks for the update.
No attitude problem whatsoever. As far as credibility, I have none, just another schmo on I-Hub asking a silly questions to the great wizard behind the curtain. Your smugness, IMHO, certainly outweighs your credibilty.
So I guess Ledbetter is sitting around with nothing else to do but to wait for some Nigerian slime ball to offer him a job. Ledbetter, being the fool that he is, just jumps in signs the contract, get a million shares at .42 because the JDZ and our block partners insist?
"All the news that fit to print".....my azz
My guess the author, who did obviously no research and was spoon fed this story, was refering to our deals with Addax and Sinopec and has nothing to do with STP.
Dan Keeney, a spokesman for ERHC, said that the company was not aware of “any facts to suggest that the U.S. government investigation of ERHC is in any way related to the ongoing investigation of Congressman Jefferson.”
Whatever the case, ERHC has emerged thus far as the biggest winner in São Tomé. Over the last year, it has sold off various rights to its holdings in São Tomé, making tens of millions of dollars in the process.
What actually did we sell in Sao Tome? Besides that this article seems to have been written by the Times, takes so many different things out of context,, its riduclous. Well any publicity is good publicity, so they say.
What, I have come to realize the two or three camps of allegience. The pro and anti Offor and the ones that are just here for the money. I find myself in the third camp most of the time.
Kobi, neither am I. I had spoken to one of the people that settled with Offor that was part of the old regime and was told he was more then generous with the settlement. Hardly a thug or a crook in my book. Who knows, maybe there was an alterior motive to what he did. Maybe he was just being shrewd.
I have owned this long enough and follow the strain of posts here.
There are definately two seperate camps regardiing Offer. And there is certainly enough press to suggest that the "Nigerian thug" image is who he is. My question is why would people like Brandenhuber and Ledbetter, with stellar reputations hitch their wagons to such a dark star.
You talk about cajones.
With many who bought at this range with itcy trigger fingers, I think it would be miraculous to hold .02 IMO
Correction bid just went back up to .34....stay tuned!
They're putting on the brakes. Bid dropped to .325 ask at .349 Big spread.
False Alarm? Mo-Mo play? The real deal..?
I wonder if its this one?
http://www.investorshub.com/boards/read_msg.asp?message_id=14924654
or the dozen or so other ones he has suggested. Hedge enough bets and you may get it right. I think its just another hit and run.
I didn't save the post but I believe Barry Morgan wrote about that in January '06. He also went on to say that CVX was courting SEO at that time.
When FBI agents raided ERHC's offices last year, they seized a file labeled "William Jefferson."
Interesting, I guess the feds need help filling in the blanks that they can't find in the file. Also when does lobbying become bribery and vice versa? Still sounds like they are fishing.
He said he would be back after the merger, we just were hoping the merger would involve ERHE. Give the spinmisters time to weave this together for us. JMHO.
.34 close? Must be news...lol.
Alpha Trade shows the same.
I could'nt agree more that war should be the last alternative before every reasonable peaceful alternative has been explored. But if war is the only alternative, I suggest that it be fought to be won. This idea of a poltically correct engagement is for the birds. I hope everyone has a great weekend.
Whats the source of the article or notice as it where?
Great post BB. I still have my fingers crossed but I am ready to be dissapointed as most or all of these rumors have fizzled out in the past. This latest rumor should be spiked one way or the other over the next few days IMO. GLTA.
Wouldn't it make sense that they become a takeover target with a more attractive share price? Certainly a major, say Addax or even the mystery suitor (lol)
You just got to wonder if the election has anything to do with this lousy sp. The shame of the election points to all things "Nigerian" imo. ERHE assests were secured by SEO, his buddy Obansanjo saw to it. Now we wonder if SEO will be a saint or sinner with the shareholders.
There are no more Katrina's thank God and the rest is smoke and mirrors until they can produce the numbers and a filing, IMO. I feel fortunate I took my lumps early on this one. PA seems to be, well, dishonest.
"early next year". Sure sounds better then 2nd half of the year. I guess we'll see.
I didn't save the post, but I do remeber Addax pres, said there were at least 4 billion in block 4. Maybe CVX is sharing information behind the scenes. Someone very close to this, said to me a couple of years ago that the total 12 B for the JDZ was far off from the 80B that they may contain.
Is he still seeking some kind of buy/in to your knowledge.
PA and Warren Buffer in the same context. Pass the Kool-ade lol.
SEO carries the weight of nation behind him, as long as Obasanjo remains in office, IMO. If any deals are being discussed about a buyin/buyout, I would'nt think that Obansanjo would have something to say about it. That is, of course, that he isn't a shareholder. LOL
This is so frustrating that after we get one of the better pr's put out by Dan that we languish at .375. I don't know if I believe that the mm's control this. , but then again, the idea of selling inot a modest run like we had this morning seems absolutely ludicrous to me. Who knows, I guess I'll drink from the punch bowl marked "buying opportunity"
Additionally, none of
the blocks in Sao Tome's Exclusive Economic Zone (EEZ) to which ERHC holds
rights or options are included in current plans for the Aban Abraham.
I find it odd that they added that little tidbit in as well. Does this suggest more to come?
What happened to the XOM offer that was promised....now months ago? For once I wish you were right.
Is WB out of the picture completely in your opinion?
Don't hold your breath Magic. Sorry to say.
LMAO; Lets see what other crap we can throw on the wall. Something one day, actually might stick. I know for sure that in Novemember my eldest daughter turns 37.
"Probably Oily meant something else" Which always seems to present a problem with Oily. He hardly can just come out and say it. To me, it means a guy standing with a fancy hand held device. Given his(Oily's) track record, what else could it possibly mean...XOM offer coming soon?
If there is a silver lining, in the past with the volume we had we were down in the low thirty's, high twenty's. This is lateral trading and the mm's don't seem particularly interested in driving it down. LBM's post is right on IMO.
In the end I would really like them to file. The company needs to validate itself to the "street" as it where. IMO Until it does, it will wallow where it is.
I think oily must be on his fiftieth serving of crow pie at this point. Hard to digest and type at the same time. lol