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amj have you sent this to DK for his reply? I agree the timing does look unattainable. Would love to hear what they say about the timing and their projections.
yes, I do not like the burn rate. But what I am talking about is the constant railing on this board all day every day that is getting old. We all know the pitfalls of this company by heart. We suffer them daily. But we do not need to keep whining about them at a very uncomfortable rate! Just asking you to let up. That is all.
I agree I do not like the way management has performed. I do not believe bashing them all day every day is going to affect their performance either. It just makes it more difficult for any new investors to see what the true picture is and that none of the assests have changed. If you want to carry on an email crusade go right ahead. Send them certified letters etc. Just I and many others are tired of hearing in constantly on this board. We still have the blocks percentages and a full carry. We are subject to the rules of the PSC's. If they deviate from those rules we could lose our rights. It does not matter if they go on AIM or not. What matters is when Sinopec (or the JDA) decides to release the real information on the drilling on the blocks. That is all that mattters. Period.
Faith in this stock is one thing. Constant 7 days a week all day bashing of the management is not faith in the stock. It smacks of manipulation especially when the sp is now at 21 cents! Everyone can have an opinion. Nothing wrong with that. But to keep shoving it down our throats daily is getting real old. Maybe we can talk YankeeMike to start with his positive campaign again highlighting the benefits of this stock. It sure would be a good counterbalance to the discussions lately. I have never stopped believeing in this stock. I don't agree with the lack of communication we have gotten from the company but that does not mean they are doing nothing. My choice is to keep holding the stock. But it is not right for other shareholders to keep denegrating the stock daily for their own gain. That is why I said they have the option to sell if they think this management cannot deliver what we have all hoped they would. I know you hate the sell statement and that is your opinion and welcome to it. But facts are facts.
Maybe when they did the MOU's they thought they had financing set up and was going to get the ok to release the findings from Sinopec and then Sinopec goes and gets that 6 month extension.
My parents killed one almost that size up in NE Oklahoma. It was as big around as a baseball bat.
It was in Sept according to their pr's.
I had also asked him about the nomad and the status of the MOU's and acquisitions. I think we should just chill until we hear something from the company. The sp is dropping again and this fighting is not helping. His reply:
Mike:
Just seeing your other questions…sorry.
Nomad: Yes: Strand Hanson. See http://www.erhc.com/en/rel/222/.
Status of the MOUs: The Company lacks the financial resources for an acquisition, which is why it has an effective shelf registration and is in the midst of a fund raise of up to $50 million. Until it has the financial resources necessary to pursue an opportunity, the previous negotiations you reference are no longer active.
Sincerely,
Daniel Keeney, APR
DPK Public Relations
DFW: 214.432.7556
Houston: 832.467.2904
E-mail: dan@dpkpr.com
Web: http://www.dpkpr.com
Twitter: http://twitter.com/dpkpr
Blog: http://www.theprcounselor-blog.com
I asked dk IF ERHC Energy is still planning on listing on the Aim by the end of the year and here is his reply:
Mike:
The guidance from the company has not changed, which is that they plan to list on the AIM before the end of the year. In the event the guidance does change, we will notify all shareholder through approved means.
Sincerely,
Daniel Keeney, APR
DPK Public Relations
DFW: 214.432.7556
Houston: 832.467.2904
E-mail: dan@dpkpr.com
Web: http://www.dpkpr.com
Twitter: http://twitter.com/dpkpr
Blog: http://www.theprcounselor-blog.com
I thought we have had a Nomad for several months. Can't remember his name though I do remember it being talked about.
confirmation that we have all suspected from the beginning. Makes you wonder why they are deliberatly hideing the information on the sands that they encountered that did not have Biogenic Gas in them. I still believe our blocks are an extension of AKPO and thus they will try to coordinate a consortium to develop what will eventually turn out to be a giant world class field. Akpo is already world class but this will dwarf it 5 fold! JMHO. That is the only reason I can see for the black hole of information on everyone involved in the zone.
what does this have to do with ERHE?
Krom, step away from the bottle! Go out and get some fresh air.
Blocks 4 and 11 are snuggled up to both islands and there was talk of putting a deep water port on Sao Tome and if I am not mistaken a refinery (I could be wrong on the refinery). By the time the drilling will take place and they decide to go commercial I think the infrastructure will be in place on the Islands in some capacity.
fortshort
Good point. We finally agree on something. I wondered about that as well. Doesn't make sense to say JDZ estimates at 14 Billion Barrels of oil and not find a drop of it in five wells. It would however explain the cone of silence they have placed on the zone. Maybe there is alot more than the 14B and they don't want the world to know until they get the consortium set up. Just have to wait and see I guess.
Frustrated, worn out, old, ignored, tired of waiting and the list goes on........ How's that?
If ERHE has anything to do about it expect another 6 months delay! They have to keep up appearances after all.
NO! He would only give his testimony of what a great leader and Christian he is. He would flash that big smile and say Trust Me. You will hear more news next week or 12 months it really doesn't matter since they are the same in his eyes. Either put out the real findings on the wells or keep away from the press. We've already had enough lies and inuendoes from him.
SEO and Fab own 51%. We have no option other than to follow their lead.
can you explain the reason behind the cone of silence over the five wells? If they are all just Biogenic Gas then why the secrecry and disinformation? I just don't believe they found just gas. Sorry. It does not make sense. If they are just gas wells then why not just come out and say it? Why does it take 1 1/2 years to analyse gas? I call BULLS---! on this one.
There was a comment section at the bottom of that article. You can post your comment there.
According to PN our traps are about the size of a rat! And the rat is baiting the trap! :(
I wonder if Ledbetter is still available? I would bet that the top project guys in big companies know each other and would talk. I don't see us getting a top guy for that reason. Unless the smoke screen the company is putting out is hiding a monster! LOL
lol, good one. They already had one of the best and let him go. So what is Bovell doing for the company? Is he let go? Too bad they missed on Jeff Schrull.
Naw, I think they are actually cousins related via the milkman!
TT, I think I have it fixed now. I had deleted the old picture of the Abram Abraham.
Tamtam, I hope I got the picture correct.
There is a place on that interview to leave a comment. I think we should inundate them with comments! LOL
One justly the other unjustly.
Wolf in sheeps clothing comes to mind.
Truth hurts doesn't it! Those are the facts judging from the time it took on our previous blocks.
If I were STP I would take about 20 minutes to open, select and then announce the winner! I can't believe they will take so long when they are hurting for money so bad. The PSC negotiation will also take awhile. It could be 6-8 months for that process and they get the first money. They did say they were not asking for huge signature money so they can get a fast track going. More waiting on the EEZ.
I have to agree with you on this one. The lack of respect on this board is disgusting. I do not always agree with BB but I respect his DD and his logic. I wish him the best recovery possible.
And i hope you never see those .10 shares ever again!
The cat is already out of the bag with one foot. Just check out the Sinopec website. The traders here have chosen to ignore that fact and have pushed the sp down so they can accumulate at these rediculously low prices. For the life of me I can't figure why DK would say Sinopec's website is incorrect and the translation is bad. Obviously, Sinopec does not believe that in that the information is still there on block 2. They show it commercial. Why they are holding out the info on the other blocks is also baffeling. There is a big deal in the works is all I can figure. You don't black hole just biogenic gas wells.
Interesting. Maybe they are one of the companies ERHC Energy is looking to hookup with! Would be nice to have VB and JS on board as they know what we do not know! Just speculating.
I tried to email to the Chrome Group pr person this morning to find out SEO's email address etc and it came back undeliverable. They sure are slippery suckers.
maybe because the data was all lost in the translation? LOL Maybe the Chinese have not learned how to read swedish yet. Or they are still waiting on Oily to make his predictions. Who knows!
Anyone know any good hackers? LOL Just offer them some shares and let them do their thing.