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That is why I am still here hope for a ten or twenty bagger. I just want them to hit the elephant the rest will take care of itself. If KINA 400 million bls. or more that is all we need to know for sure the elephants are down there the stock price will take care of itself when we hit.
I understand how everyone feels but you have to remember the top dogs with ADDAX and SEO live a good life with good pay so for them six months is nothing as there life styles won't change. Nobody here thought five years before drilling so we have to suck it up. I believe the oil is there so I wait after five years nothing else to do. I made one promise to myself when we hit 1.00 I will get my investment back and have free shares. I don't care how many wells or ships 1.00 I will be happy and have free shares. Then the rest I will sell when I am ready. My avg low .30.
No news before end of year possible tax loss selling again. I sure hope news pops before end of year. At least after five years we only have to wait a little while longer I believe the most six months before somebody drills. Nothing we all can do but talk and wait like we have been doing. We have to be the best in the world for waiting. What are we the brightest people in the world or stupid. I have been fishing five years in the same spot waiting for a bite I will not move till I catch a fish.
What will this board be like with news of ROO than when we hit the elephant. It will be fun that's for sure. I just want OIL lot's of OIL and worry than about buyin buyout whatever.
What about a ROYAL FLUSH in his hand.
I would not want to sell before drilling but 3.00 a share now or a swap for ADDAX shares and I will be long gone. I am sure many here would not be happy with that deal. A ten bagger for me and I would be happy. Dreams or nice but money is money. I am sure with all the money SEO has he can hold out and we must hold out also. I hope he gets is share price. I suppose that 10.00 offor is firm what about 8.00. I do feel better about the 10.00 a share comeing out as it puts a lot of buyin buyout out out of the way for now. ROO PLEASE
One day we will get a pr about drilling from APC ADDAX and it will be real news. I am sure I will not have a clue when it will come or anybody here. Our day will come so bashers pumpers etc. have fun. Five plus years I do believe those of us that can hold on will have a ten or twenty bagger here at least. If you can ten or twenty times you money in five to seven years it will have been worth it. It would have been nice to just find this stock and start buying but that didn't happen to most of us here so I am tired to but will wait this thing out. I can't believe at cc the remark about SEO and 10.00 a share if that don't cheer you up and remember he knows a lot more than any of us. SEO holding so am I.
I read many message boards they all have bashers pumpers etc. just part of the game. It does get old that is why I left RB and IV boards don't even check them out anymore as we have enough here. After five years we are all worn out from waiting waiting waiting but pure bashing the company gets old.
I never thought I would have put this much money in a penny stock I could have sold and made a profit a few times oh well.After all this time we are almost there even if we have to wait for AA. Looking back a one year wait is better than five. Our time will come.
I believe ADDAX is working on ROO but will not PR till done deal. We don't know details of what went wrong last few days of talks. It might not have been ADDAX who walked. ADDAX not talking and nobody here has a clue what went on in talks.
One last thing when they do drill and hit the elephant I like everybody else here will look back and say how could I not have bought more. I am really here because I believe the OIL is still there. OIL OIL OIL that is what it is all about nothing else. SEO cut us a great deal now we have to wait nothing we can do.
I hope we hold .18 to .20 if we dip to .15 or lower before news of drilling I would have to buy more. I double down end of last year. Believe me I have enough shares don't temp. me please. I would hope share price holds till word of drilling. Nobody knows nothing and if they do they are not talking at least not here. ROO please.
I agree most here like me five years or so and my avg. low .30. I have little over six figures of stock. For me forty thousand in a penny stock. I had twenty thousand and doubled down last year at tax lost selling. I am waiting like everyone else on this board for drilling. Believe me if more people were in your boat it would sink with tears look at the crying now. I think you have the right to moan groan or what ever. There are people here who have more shares and some less shares but nobody likes to be in the red. Good luck to all of us.
SEO I am sure must approve deal first. Remember SEO don't make bad deals. There is no way they would cut a deal without SEO giving the okay.
I agree.
If that's true SEO want's 10.00 then I guess we are all along for the ride for sure no buyin or buyout before drilling.
I hope SEO checked his cards and has that ROYAL FLUSH. With a ROYAL FLUSH in my hand I could wait for a bet you know you have won the pot unless someone else has a ROYAL FLUSH than split. From .20 a share to 10.00 that's a all in bet for sure.
It's hard to believe we can't get any one to attend NY meeting. There must be a few share holders that live around there.
Who would want block 5 and 6 now.
ROO Right's of oil. That was a good one got me. Give OILY his due. We will see when next PR about block's 5 and 6 come out.
I have been here five plus years reading all posts. I like reading OILY BB Spec29 and the list goes on. I am not buying shares because off OILY postings are BB posting. I have enough shares for now I will buy when real news about drilling comes out in a pr. If for some reason no news before end of year and people take tax loss selling like last year and it would go to .15 or .16 I would buy. I buy and sell when I am ready. When news comes for drilling or when we hit I am sure everyone will start selling some if we run over a dollar. One last thing who here really believed OILY post. Our day will come.
Spec29 so far you have been correct. What news that would be when it comes out.
I like that not one but two 11/3. If you are off by a week or two I can handle that. Hope your post is on target. Somebody will hit the nail on the head one day.
BB always a pleasure to read your posts. Time will tell what direction we take. One big oil well and we shall see.
One thing for sure there are more banks in the world than deep water rigs.
We all need to realize that there is nothing we can do but wait for ROO. I wish I could get ADDAX a rig like every one else here but little I can do but wait wait and more waiting. Just jokeing about SEO I am sure he has is hands full with other projects.
We need ROO call the SEO. I do believe he could make a few phone calls. If I had a drilling rig I would love to help SEO out and do him a favor nice friend to have across the pond. I am sure he could return the favor ten fold. I do believe he has a little stroke. Looking back the deals he made what's one early drilling rig. Look at what he has to gain. One call that's all.
I am looking at the whole market in general and see our share price .17. not to bad with current market conditions. Look around and you will see a lot of top quality comp. selling below book example RDC drilling list goes on. I think ADDAX will get a ROO first or second quarter and a better price if current market conditions don't change. We are not the only company in the world with share price in the tank. Even if they announce ROO with market conditions as they are now lucky to get back to .30
I could see ADDAX falling to 25.00 with market not where it is now. It sure would be nice if we had a clue about anything somebody throw us a bone. Somebody go fishing or hunting for birds.Looking at volume no leaks for sure.
Who's buying anybody here 17.5. I sure would like for some good news. With this market news of ROO and we should be able to jump on the train before it takes off. Even with news run to .30 or so market don't care now. I want to buy more I will wait for real news before I jump in. I am happy to see those getting cheap shares now before news. We all know news will come but when. I hope ADDAX is still working on getting rig.
OT This market is wild AXC.TO 16.45. How low can ADDAX go. They better start drilling.
OT Who wants to see old white man glasses,not much hair, can't hear and a few wrinkles I suppose we all look alike at my age. Right after meeting I went to get something to eat and missed being in the pictures but I did stop by bar and had a few to drink with other stock holders. Five bucks a share I will travel anywhere to party just post on board. It sure would be nice to have a big old oil well come in before next meeting. Price goes up and I am sure more would want and could afford to come to SH meeting. I am sure one good well two three bucks a share. After forty three years of marriage wife looks the same its just us men that get older it happens to all men. One more thing all the stock holders I met men and women were first class.We will all reap the rewards of this company and I believe they will be great just need a ROO to start things going our way. Looking back five years and thinking how all this played out WOW. The next five years all our dreams will come true. DREAM ONE WELL AFTER ANOTHER> DRILL BABY DRILL
I also wonder how many people working to get a ROO. One two three and how many phone calls a day. I would be calling every tom dick and harry in the world. Everybody in the OIL and drilling business phone would be ringing off the hook. How many deals or leads are they working on one two three.
One would think with APC 13 billion in debt they would cut a deal with ADDAX for ROO. They have said they will drill JDZ first or second quarter. Where is rig to come from if from GOM why not cut deal with ADDAX. Maybe ADDAX wants to drill more than KINA might be trying for two well deal. What do I know no information just thinking how could deal be so close than no deal is it ADDAX or APC. I can't beieve ADDAX was that close to deal than wanted a better deal at last minute. I hope they are still talking and trying to work things out. DEAL OR NO DEAL
I really feel like a baby now only five plus years here. Thanks for a reality check on how long it is has been for some here.
I know you have taken a lot in the past when you post about erhe. You are right in five or six years if we do get to five dollars a share or higher I would bet most here taken a profit and long gone. I hope we don't have to wait five more years for drilling or news. I am sure after all this time we all have our exit prices. Good luck to all of us.
I'am 63 almost 64 and ERHE keeps me young. This stock will keep any one's blood pumping when you think what we are sitting on one billion bls. I think about hitting kina than APC lemba than AA one well after another. I can't wait for EEZ and what blocks we pick and what kind of deal SEO puts together on EEZ. I feel sometimes like I dreaming with what erhe has in rights. I just need to wait a little longer for my dreams about this stock to come true. Looking back five years we are in wonderful shape money in bank ADDAX and APC getting ready to work for us and bring in a real big big big OIL WELL. I don't care about production FBSO buyin buyout I just want a big oil well and the rest will come. 400 million bls. strike I can handle that to start off with. I really think news any day.
OT I am 90% cash now sold a lot of stocks before sell off but not ERHE. My FIN. ADV. called me five days before market went down and told me she was going all cash because it was to hard to make monney. She has half and I have half so I thought about it and dumped. What I am getting to is she called me yesterday and said next week she would start getting back slowly into market. I suppose she thinks we are near bottom I have a lot of thinking about what to do. I try to have a life and cannot or don't want to sit by comp. all day and watch market. Take yesterday market down 300 points I leave house for a few hours come back bingo up 400 points. Maybe cd's. The only thing I did sold XOM 79.00 bought back a little at 73.00 and thought WOW good move XOM went to 60.00 twice. I guess that is why I was talking about buying more of erhe have cash looking at market I am keeping it maybe cd's and sleep at night. Let my FIN. ADV. figure it out.
Thanks Manti I have never sold a share just kept buying. I do feel the pain of waiting like everyone else only upbeat talk from me enough bashers to go around. Somebody give us a little pump.
Dadd you are right I guess I am getting tired of waiting for news. I sound like a basher and I am not. I really believe we have a winner here just have to wait a little longer I should be able to do that. It will come when we least expect it news about ROO I am sure ADDAX is working on rig.