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Silver Doesn't the company sell limited partnerships for a working interest in the wells? I believe that is what they did a year ago. They wanted me to by a interest in a well to be drilled. My beliefe is partners are for dancing unless I'm the lead partner ie the GP calling the shots. Hence unless partnerships can't be sold yes the company needs cash to drill. However once a few successful holes come in investors will line up fast to join the company's partnerships.
Oil I know a CFO of a LP gas company who has similar experience as Mr. Ledbetter. His pay is $650,000 plus bonus. VP should get more. JMO
ctb if you notice my first post was a general question to the board number 1600 not a response to Mongo, He posted a reply to me so I replied to him. I still have no idea if proies were sent. I hold everything in street name and on several occasions have received proxy info after the fact. WHenI saw the news when I pulled up amep quote today (first time I'v pulled up a quote where it was detailed in quite some time) I saw they had delayed the meeting. I had not received any materials so I was concerned. Now tell me did anyone get the proxy if not who sent the letter to SEC with the complaint which caused the meeting to be delayed. This stock is a nice hold for me I'm all green and have been here for the long haul as I see some potential. I do not see a mere 7,000 acres as a big holding for an oil company. I have held more then that in fee, federal, and state leases in WY and CO. The fact they have two small rigs did cause me to take a fair size possition when they announced the rigs. I see CB as a possible future Marvin Davis who I never leased to but he had made attemps to leases several tracts from me. BTW how do you pull up all those past posts and post them? I/m not very good with things these computers can do.
ctb yes I made that assumption when I saw the PR. I'm confused as to your staatemen of my knowing Mongo. Also which ERHE board were you referring to? I had been in erhe when the symbol was erhc. I have seen several Mongos post but am not sure they are all the same person.
Mongo I saw that releasse which lead me to believe others had received a proxy and issued a complaint.
Have the proxies been sent? I haven't received any yet. TIA
Last day for tax loss is 12-29
Thanks MN that was a positive attitude. Now if Offor can just see it in his heart to relay what negotiations have been taking place many here will jump for joy. As for me I'm here until oil is being delivered so intermediate share price rise isn't that important. Merry Christmas everyone.
I just figured out Oilys post 86028. Someone got a Rollex the best watch. A retirement gift?
jdubs I'm here based upon my own DD. I believe erhe has fantastic rights. Part of my personal investment portfolio is in oil leases and free hold mineral rights. I know that often you hold the rights a long time before a company takes up a lease and even then it can be years before they drill.. Its not the instant gratifiation of poker, but the stakes can be higher with a lot more patience required.
Art you sould also have noticed he posts lattere in the week
IMO the chart looks to be gaining strength. 42.5 was the low and .43 the close. .428 was the 8 day MA which looks like it held. ,409 is the 20. We are currently above the 50 and the little blue puddle is filling up. Bands are expanding and stochastics look like there is room to move up. If .395 doesn't get broken Tuesday we should see an attack on .49 then .55 BWDIK
rheddle. The hope is no dollar crash. With the fed increasing the money supply by 10% and fudging the numbers to look like only a 2-3 % inflation one still has a 8% decrease in the value of the dollar, so why hold dollars. It been 2 years since many opec nations have demanded part payment in other currency. If the dollar falls more those accepting dollars will want alternatives. Look at Germany when workers had to be paid every hour and a loaf of bread took a bushel basket of marks to buy just one loaf.
walldog who cares. We already have a bill in Congreess to create a merger between Mexico/USA and Canada.Then our worthless dollar will become a mix of other currencies. Ron Paul has a res. H.Con. 487 to stop it. Also there is already a express way to be built from Mexico to canada without any border checks except for one at Kansas City area. Hey we brought it on ourselves. We have more interest in immediate gratification and TV shows then keeping up on what is being done to us by our law makers. Just blame big business forget big government.Big govenment will take care of us just vote for them and don't ask questions.
No great nation has ever been conquerd without 1st destroying itself from with-in.
MN chart looks like a possible buy could await you at 42-43 which should hold. But there is a possible at 39.5 which should hold. We do need the puddle to build more.
tryoty sorry it was a typo and I was in a hurry as need to catch the phone. Now I see what I did. There was no intent to defame. I was just thanking you for the info you gave earlier.
Cobrajet I have not received anything from amep, but look forward to the vote.
Thanks Tryto Try
why do you expect a jump today oily said the 2oth
Oliphant is the word still due the 20th or will it be sooner?
Ok what are the meanings of the Packadurm, Panda, is it a lizard, and then a monkey riding #15? the small creatures are running on the ground attempting to keep up. Yet the Monkey is backwards as if it doesn't know what is going on or about to jump off. what time does the meeting end? ie cst or past? If there is no news by the 20th his earlier predictions this stock will tank. Why did an insider sell so close to a run? Does the 15 stand for 15 days or 15 years? or is it ERHE now only has 15% and the elephant is running away with the future profits as the monkey (shareholders) are looking back vs ahead?
any way to tell if they were buys or sells tia
walldog most of your statement is true except prove to me that China does not want a military base anywhere except in China.pOWER CORUPS AND ABSOLUTE POERR CORUPS ABSOLUTLY. cHINA IS ON THE VERG OF BECOMING THE LARGEST ECONOMIC POWER. eCONOMIC POWER HAS ALWAYS produceded military power. sorry just discovered caps locks got hit not ment to be on.
Nextflix is working on a way to eamil the movies. Could the games be emailed?
Markgovols what is your expected time frame for this ieshort to long tia
And all these guesses with out our portion of eez.
asian isn't this contray to remarks you were making here earlier?
What is addax trading at. What is its symbol? tia
looks like MM's exchanging shares, small trades
If there are that many more shares its a BUY IN
If they sell and don't keep an over ride its a sell out. Block 2 is the crown jewell.
m-16 when do we expect to have a proofitable 1/4
Why haven't they brought those wells on line?
dat re read AA's post he did not say Buy In he said Buy Out.
Platia the chart does indicate some bottom fishing took place today. My short term buy chart needs a little more confirmation. However the stocastics on oil and gas show over sold. as such we should see a buy sign on RIG. It is an excellent company. Glad to see you still here.
Zebra I'v been picking off drops all week. Took 1/2 of today just to get 10,000 seems they only wanted to let me have a 1,000 or so at a time. Yes the chart looks like its trying to bottom, if not I'll steal some more next week.
Markgovols If you Know what is going on and Asian asian doesn't then why do you ask the faker Oily for his clearification
Spec it didn't occur to me until now that the Tiger Oily posted could have had an Angry Eye. Is He saying the real news will come from the Angry Assian ie the Assian Tiger? Wow and I thought it was a Cat on a litter box taking a dump drivng the price down. Oily has such grafic posts which can be taken 2 or more ways. I guess that is whay he is always right and never wrong, its just the reader who made the wrong conclusion. I wish I was a puzzel master this would be so simple.
Will the Shareholder letter be sent via US mail or another e post in space?
Tyoty Didn't Rocky get battered and beat before he eventually won?