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What is there to buy market down gold an silver lower I will hold out for ERHE if I get a .12 to .15 buy so be it. If ROO or other news and price gets back to .30 I will be happy with that. I guess like most here I am just waiting for something one way or another. I think that's what this stock is all about waiting for APC ROO EEZ AIM listing ETC. ETC. We sure have a lot to wait for.
.08 and .12 Looking at market I would not bet against it. All we need is for APC to announce drilling time or ROO and we won't have to worry about .12 or lower.
After five plus years here and so many twist and turns ups and downs what do I know and everybody else nothing of what is gone on behind closed doors. The only thing we all need is a drilling rig that I do know.
I think there will a long line waiting for parking space at .12. I will double or triple down for sure at .12. Please don't do this to me. With price of oil 70.00 a share I do believe we will get ROO. We do have APC drilling first half of year. We might see .17 but .12 that is a reach.
I will just calm down and forget about ROO. I am thinking only about AA in third quarter. APC ROO out of my mind not worth getting worked up over I will just wait for AA to drill. If something else comes along so be it. I just have a little less than a year to wait.
Spec29 The fish [drilling rigs] are all around our boat but we can't catch a fish. We see the fish we say we have right fishing poles live bait ever lure made other boats around us catching fish but we can't get a bite. We tell everyone around us the fish are here they will start feeding in a month or two. I got it the live bait cost to much so we are fishing with no bait and when fish get hungry they will bite on bare hook. We will save live bait for next months fishing trip if we can find the fish again.
It sure would be fun if ADDAX got a ROO from APC hit the elephant with kina than APC hit another elephant next with lemba wow back to back elephants and in different blocks. Suppose ADDAX gets ROO from somebody else and they and APC drill at the same time and hit two elephants now that would be a world class act. Then we would have to wait for AA this board would go crazy with buyin buyout whatever. I would have no trouble waiting for AA after two elephants. I might go and buy a big gold chain and fill it up with gold elephants one for every good well. I wonder in two or three years how many elephants I would have around my neck. Believe me two elephants back to back is this possible or am I dreaming.
After five plus years I should know how to wait for ROO. I just need to calm down it will come one day next year.
Thanks didn't know tomorrow morning ADDAX should take off at least 5.00 share looking at other oil companys today.
Looking at market and oil at 80.00 or so I don't see deal on drill ships next few months if market keeps climbing and oil at 80.00 or so ADDAX is wasting time. I wonder if they want APC to drill first if I was ADDAX and only wanted to drill KINA now and wait for AA I would pay double or whatever for drill ship. We all know money talks maybe they were trying for a deal and it didn't work out. I do believe they are trying but what are they willing to pay. You can get what ever you want if you pay the price. What is and extra 5 10 or 15 million or more looking at there share price I would think they would be glad to pay for one well. Oh well they are paying with there share price. Stock holders in ADDAX and company owners down millions on shares while co. waits for better price some things never change.
Look at ADDAX not even a dead cat bounce better find a rig and pay the price.
I would like to see 1.00 a share than I can start dreaming about 5.00. Right now .50 would look nice. HAPPY DREAMS
At 7.50 a share I and many here will be long gone I sure there will be some here waiting for 20.00 but at my age I will take my money and be long gone.
I am happy if we hold .20 to .25 till ROO is announced looking around like stock price of ADDAX and other oil companys believe me for a penny stock we are doing okay. My price low .30 so yes I am not green but will be when news of ROO. Even if we forget ADDAX till AA APC said they will drill first quarter. I do believe ADDAX better get off there buts and pay todays price for drilling rig. ADDAX is looking for cheaper price on rig like many here waiting for cheaper price on ERHE. I believe ADDAX needs to pay now for drilling rig. We all know everything is for sale at the right price. ADDAX pay for KINA what ever it takes.
I do think five for a dollar is a wonderful price but I will wait. For those that are buying .20 and lower what a deal. Best price for me last year .185 and I was happy.
The only chance I see for .15 or lower would be if no ROO is announced before end of year and we have some tax loss selling like last year. If they sell and ROO is announced before there thirty days wait up up and up we go.
If kina is all they think it is and I here news early of results I would try and jump on the train. I have some cash but waiting for drilling bit to hit the elephant.
Somebody said they would get a loan on there house if it hit .12 and load up. I don't want to see .12 or .15 because I would have to start buying and I have plenty for now.
Please don't fall to .12 as I would have to double down again. I am content with .20 to .25 for now till we start drilling. Please don't temp this old man any more I am content for now.
There is nothing wrong with waiting for a good entry price it is a gamble to. I have friends who tell me they are waiting for the elephant and would buy at .75 or more for a sure thing. I am a small player here with only a little over hundred thousand shares Iam here for a ten or twenty plus bagger as I feel oil is there. I don't care about FBSO production all I want is proven oil the rest will come in time. That is why I would like for us to run over a dollar if kina is what they expect. It would be nice to know all curret stock holders would be green and everyone than could make there own exit prices. I suppose even at 1.00 there will be people moaning about share price should be 2.00 or so human nature. I am greedy also but would be content to see 1.00 after five plus years. I would have no problem waiting for wells to be drilled and share price going up up up. I hope everyone has there dreams come true with this stock I do believe now where is a drilling rig.
After looking an reading about all the crazy things the banks and insurance comp. came up with. I think monday I will call my bank or insurance co. and demand that give me an insurance policy cheap of course on my ERHE shares. I have one hundred thousand plus shares cost low .30 with one billion of proven reserves my stock is worth one million. I will demand a policy for say two cents a share for five dollars a share insurance remember that is only half of what ERHE is worth. If no oil of commerical amount like OBO-1 on the first well drilled I get my insurance policy five hundred thousand plus. One well that's all. Remember just like house insurance I get to keep my shares. What about Monday if I go to my local bank and ask for five hundred thousand to buy more shares at one or two percent interest and the bank can take my shares that are worth one million plus . They can hold my shares in return for five hundred thousand I can load up on more cheap shares and when we hit the elephant I will pay bank and everyone will be happy and I will be worth millions. What's wrong with a little insurance.
Thanks I do believe APC will go for it.
I know we have a few share holders in NEW ORLEANS area when we hit OIL maybe we can all meet. Spec29 and I talked about this a couple of years ago and we are still waiting for drilling. I have three or four friends that have been here five plus years when we all starting buying others long gone. We all have a boat load and waiting. Hope we hit OIL before SH meeting and those that can make it what a party we can have. We all have been waiting a long time for the payoff our long shot horse is in the gate and ready somebody please open the gate. I am waiting for race to start.
APC will drill first quarter next year anybody here know what site and how many bls. I am just thinking I might have missed information on drill site. All of us don't need another OBO-1 well off structure. I just hope they go for the OIL. That is why I like ADDAX they will not play games when they get a rig they want the big one. I do hope APC ADDAX puts a pr out before end of year.
I wish all our dreams about this stock come true. I would not be here if I didn't think we have a billion plus in black gold. If just KINA come in 400 million bls. That would be the way to start things off for all of us. When we start drilling well after well It will be fun to wait then as share price goes up up up. After a few wells then lets talk buy in or buy out. sweet dreams
If we get news about a ROO with the condition of stock market now who whould care but current share holders. I guess what I am thinking that with news those that want to buy more will be able at a good price even with news out. When the drill bit hits the big one that will be something we all have been waiting for and then we can all wait for whatever share price each person is waiting for to start to cash in. I don't think anyone will mind waiting for there price once we are proven. It would be a dream come true for me to have them hit one well after another than start talking about more wells and production. It will come true I believe or I would not be here. The real fun will be as they hit well after well and the price keeps rising who will wait to sell. It will be fun I am going to bed and think about my exit prices 1.00 3.00 5.00 10.00 20.00 a share who will still be here. Sweet dreams
Spec29 thanks for sharing. This old man still long and strong ERHE. I fell like a lot of posters on this board tired and worn out waiting for good news about ROO. I trying to tell myself after five plus years two or three months is not that long after all these years. It takes a lot to wait wait wait. I keep thinking about there rights and the cash in the bank. I want to be here when we hit the big one. Think about this if they drill KINA and hit the big one then we have to wait months for the AA this board will be wild and crazy. APC should drill after first of year. Next year next year.
Thanks and will say a prayer for him.
Somebody buying news maybe.
I can wait I feel sorry for those that can't for what ever reason. If we get news I don't care about share price now I just want them to drill and hit big oil with that comes big money. That is why I have been here five plus years because I believe the oil is there. I am 64 years old I like many here would like to see a drill bit hit the dirt soon. I also believe looking at the market ADDAX should be able to cut a deal. I don't know why they don't pick up the phone and call the man SEO and ask for a little help all the deals he put together what would it take him to get a rig. Maybe I am just dreaming but why not pull out all stops ask and you just my receive.
I can wait I feel sorry for those that can't for what ever reason. If we get news I don't care about share price now I just want them to drill and hit big oil with that comes big money. That is why I have been here five plus years because I believe the oil is there. I am 64 years old I like many here would like to see a drill bit hit the dirt soon. I also believe looking at the market ADDAX should be able to cut a deal. I don't know why they don't pick up the phone and call the man SEO and ask for a little help all the deals he put together what would it take him to get a rig. Maybe I am just dreaming but why not pull out all stops ask and you just my receive.
Looking at current market cond. even if ADDAX gets a ROO I can't see share price over .35 to .40. There are many stocks that you can buy now under book. We need to drill and hit OIL then maybe we will see some action. Plus who cares now about a penny stock but us. I guess after five plus years what is another year nothing we can do but wait and dream about the big one.
Looking at Addax share price who would have thought a month ago Addax for 22.00 a share. I think if we can hold .25 to .28 till market turns okay with me.
Looking at current market conditions drill ship news would be nice for us but with the market who would notice. We just have to wait I think till we hit OIL.
twelve min. for cc central time.
I don't care if we only go to .30 or .35 as long as we have a drill ship on the way.
If we get ROO news tomorrow with current market conditions how high will we go.
Manti and WalldogO thanks
ESV news on sept. 23 2008. yahoo finance ESV read news.
I am not the best on comp. please google ensco 8500 and read news sept. 23. ENV just received rig and it is for APC and ENI drilling 8500 feet. new drill ship just arrived in GOM.