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You may be right badog.
Based on ERHC’s assets and their 400 page signed contract with Total (International oil company)
Kosmos (another International Oil Co. )
Spent many millions trying to regain control of our Block 4....yet, Total is it.
And only based on the extensive Seismic’s
I am adjusting my $8.00 per share price.
TEN BUCKS is now our target price.
Go ERHC——
Likely....Kosmos and "Shorts" will be
Taking a KNEE !!!!!
GO ERHC_____________________________
Karma ??
He who has the last laugh??
Can’t wait
Yes...Very clear and obvious that Longtimers are extremely happy that revocation is OFF the table...by at least 90%...
Market crude oil prices are moving North and the outlook from the market signals continued crude oil growth...
A real "Thanksgiving"
GO ERHC___________
Happy Thanksgiving to all of my ERHC friends.
Indeed !!
“GOLDEN”
Thanks M6
Posted to other board. Erhc
OO
From Manual 6
SEC ruling for ERHC no revocation.....so far https://www.sec.gov/litigation/opinions/2020/34-90517.pdf
Actually, ERHC has the power...they own the assets.....Right?
That question has been answered hundreds of times go to our many years of history here.
Perhaps you’ve forgotten? Hmmm?
Thank you O X!
It matters to friends who want to buy ERHC Shares.
Thank you
I’ll pass it on.
Thanks Krombacher, I'll forward your response...
But does anyone know where else ERHC shares can be purchased? It seems to me that TD Amer...and now Etrade are eliminated...???
I received this question on an email from a shareholder and posting hoping someone has an answer?
"what are your thoughts on ETrade's upcoming agenda of "Caveat Emptor" Securities? Where else can we buy ERHE???? "
In our Kenya Block 11A, we basically had 2 drilling locations. Each location projected over 600 million barrels in one location and the other had just South of that number.
Had CESPA been successful in first drill and hit over 600 million barrels.....well..
Do the math....600 X .35= 210 Million barrels for ERHC......
I just don't want to give away our Prized Block 4...for CHEAP....why do that?
Using YOUR example of Totals 10% dividend and buyout at the end on block 4........
Lets assume ERHC management is holding 50% of the outstanding shares,
At 10% they collectively bank 15 million $$.
Now Total drills block 4......and their drilling hits Zero crude.....They own block 4 and say they
cap and abandon.
What will ERHC's Management do with $15 million dollars?......Not much in the oil patch!!
I continue to believe the sale SHOULD be at least $500 million upfront.. PLUS a percentage of any
commercial find.
Remember our Kenya Block 11A. Our carry was 35% of commercial oil found....I'm of the belief
that our block 4 is much more attractive (prior to drill) than Kenya's block 11A....
AND you say ????
Check Canada. It’s there!!
Time to bail is now. Over 1 ½ billion short shares.
Words to the wise !!!!
Link to no short stakeholders?
Please provide a link that some guy in Canada bought short shares from a US link in Houston.
Ok, make it 2 links.
Has to prove he’s been to Canada.
.001........moving higher soon...$8.00.....
Exercise in Futility ...my friend......
GO ERHC__________
Short stakeholders !!
crickets....
GO ERHC________
Brilliant Post !!!
It was a huge mistake to short this investment....
Yup
We LONGS KNOW what we have.
(so do the shorts)
Anyone who, years ago, spent quality time doing any DD on ERHE would NEVER have shorted this company.
I think it goes to the lack of professionalism or experience of current investors who shorted this company a few years ago...
It's over for them....They know it.....when Total/ERHC release the coming news...their Pain is Just beginning....wouldn't wanna be them !!
GO ERHC_______
Agreed. We don’t.
As expected.
Go ERHC——-
Total’s on a roll. Wonder if they’re drilling block 4 as we speak. Hummm—
Obviously. Bull S—T.
I seem to recall there has been seismic on block 4...maybe even 3D...
Anyone recall that?
I disagree that there is little to no interest.....I'm profoundly interested and have been since my first buy in 2007 @ .29.....
We are soooclose to hearing.....$8 bucks after Total's super computer analyze how many Billions
Of barrels.....
Manuel has found a rig_____
Now if we could just get them to move to our Block 4......
Thanks Manuel
HI Mark
Is there another erhc board? it used to be here??
carl (oldoil)
Spooky...Nothin' new here !!!
GO ERHC______
SPOOKY !!!!!
Halloween JUST around the corner....FUNNY!!
GO ERHC____
Who cares?
He was the founder and may be a major shareholder...
Maybe he loaned ERHC the money......OR, OR.....
Perhaps Total "arranged" payment....Who cares?????
BLOCK 4 MUST be a major MAJOR ASSET !!! WE all care about that (Do the math)
TOTALly AGREE...
Go ERHC______