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These high risk plays may be fine for you but not for many of us. I would like to see some less risky plays with sound DD. Sometimes I think these high risk plays are like crack to you.
What makes you so sure no oil exist. I have never believed that 5 wells in such a vast area could be conculsive. I am sure unsuccessful wellss were drilled in Texas and the gulf.
Agree 100%. We need to look at some fundamentals along with charts.
Yes! You are correct again. Good job.
Ruby1100
The reporter from Upstream was and still is:
Accra
e-mail editorial: barry.morgan@upstreamonline.com
telephone:(+233) 244 310 103
telephone 2: (+44) 792 178 9928
I have said this before. If you bought at .0005 - .0007 you would be happy now. If you bought several years ago and held you might not be happy unless you bought dilution insurance.
Yahoo Finance says .56
Balance Sheet
Total Cash (mrq): 53.26M
Total Cash Per Share (mrq): 0.56
Total Debt (mrq): 0.00
Total Debt/Equity (mrq): N/A
Current Ratio (mrq): 8.79
Book Value Per Share (mrq): 0.22
Cash Flow Statement
AEZS .56 per share cash no debt
Maybe but the reporting requirements may not be the same for a corporation as an individual but I am not sure.
You are never going to know what Offer owns because he buys in Chrome that is a corporation not an individual shareholder.Offer may own 100% of Chrome but we don't know this for sure.
RGDX
Please check out charts on NSPR and RDGX.
Should we believe what you say now. You were surely not very good at predicting in 2009:
condor1 Friday, 10/02/09 11:54:18 AM
Re: balance_builder post# 181134
Post # of 305758
I am of the firm belief that the buyout of ERHE is inevitable.It is simply a matter of time due to the levels of oil found in the respective blocks.Based on the results,a valuation for the purposes of sale will be determined and negotiations will then proceed to it's appropriate conclusions.
So,once the results of 2/3/4 are pretty clear to those in the inner sanctums,a few months will then elapse for determining how Sinopec will proceed for negotiations,followed by an offer,followed by ERHE considering it,running it by shareholders(who have the majority of stock),followed by counteroffers,if needed(they will,because Sinopec and SEO are hardballers,both)...followed by the deal...I would predict this will occur in approximately 6-9 months..or by July 1st,2010
MDW - Halted?. How many got stuck in this?
Where do you see VFIN on the ask. I don't see that on Etrade.
I show:
NITE
CDEL
CTSI
ATDF
MDW Chapter 11
Yes it did and you said you made 1K and gained 600K free shsres. Good ijob.
Midtier-condor-emydal. You are all very intelligent posters but you always seem to tell us all the things that have and could go wrong. Could you please for once give us your take on what could go right (it is possible) and could be positive for shareholders.
Together PN and Sylvan they hold about 115M shares. I don't know what there average cost is but I know they bought below .001 and above .001 so let's say .001 is there average cost. Than's $115K. That's a pretty large investment. And they may not be done buying yet.
Do you have any proof that anyone is funding them to buy stock at these prices. No is the answer.
If shareholders were going to be screwed by any deal why would PN and Sylvan still be buying large amounts of stock. Doesn't make sense.
Congrats, For the first time in a long time you are right!!
We are sitting on a gold mine..right??????
These are facts no just pump. It's a fact that PN and Sylvan are still buying. They recently bought between them over 15M @ .0014 or higher. It's a fact that new company NGAR is being formed with both PN and Sylvan and others involved.
I wish balance_builder were here. He would have some interesting theories.
MDW - Are you holding - adding ?
They said below not to ask contractors or the transfer agent for the outstanding shares and other information but to ask them. So I did on www.erhc.com. Lets see if they update the FAQ with a answer soon.
Q. How can I find out information about ERHC's capitalization, such as the number of shares outstanding?
ERHC complies with regulations requiring mandatory disclosure of certain financial information including information on its capitalization in its quarterly and annual filings, which are posted at erhc.com/secfilings/. ERHC has direct responsibility for the accuracy and timeliness of those disclosures with particular reference to audited accounts and related figures and price-sensitive information. Independent contractors, consultants or agents retained by ERHC to maintain, compile or archive such disclosures, or the information contained therein, usually do so under contracts containing strict covenants as to unauthorized or random disclosures, in accordance with general industry practice.
Requests for information and other enquiries should therefore be directed to the company and not to contractors, consultants or agents, including stock transfer agents, in the first instance. Contact ERHC at http://erhc.com/contact/.
On otcmarkets.com WOLV is now shown on the OCTQB and not pink sheets:
http://www.otcmarkets.com/stock/WOLV/quote
Of course long term holdings are down. That is obvious. IMO long term holdings should be looked at differently than the question "If I buy some at these prices can I make a profit on this purchase". Look at this trade separate from the long term position down 99% and decide if buying here will make a profit on this purchase or not.
Can you please ask the company on www.erhc.com. I asked about the status of the MOU yesterday. Hopefully they will answer in the next update of the FAQ.
Maybe we will know the day before the day after tomorrow.
Why can't you understand that the "delusion insurance followers" (your words) could have made 4 - 8X their investment @.0005 on the last run up.
I will have patience and add if I can. It may take a little longer than we would like but IMO good things are coming.
Matt so sorry for your loss.
I don't understand why you seem to change your opinion from week to week or even day to day. Below is your post from 06/06: Nothing has changed from then except we are going to be back on the OTCBB and we are one week closer to financing. All good news IMO.
.05 next resistance after finance news is released. Once .025 is broken the move should be fast which many will miss jmo.
I enjoy being long now that new guys are in control. So far they are keeping everything transparent...so far.
Harold Engel
Diidn't you say yesterday that you added 5000 shares?
I agree. I believe all these negative posters are buyers. Condor admitted that he had increased is holdings 4 fold prior to this lst run and had accumulated over 600k free shares. I agree others have done the same.
EVERYONE is now disappointed of counting their money,only to see it vaporize. But I made a grand and gained 600K of shares for free.I evden got my tax loss from what I sold. First time not losing moneY
I still have my shares,increased 4 fold,not on a buyer's frenzy like many others. But I am very doubtful and skeptical of what is and isn't occurring.
Why didn't you buy when it was at trip zeros .0005 a month ago. You could have made up to 8x your investment. You could still sell now for at least a 3x gain. Your loss.
Do you like BAA?
No. We have had about 700M - 800M shares outstanding for years before this year when the CD's drove the number of shares up to 2.6B