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I like it when people admit to the fact as SF did when he said he was caught flat footed on ledbetter....It proves that we don't have insider info...what we have are dots to be connected and everyone doing DD is adding dots...the only problem is the dots are not numbered in an easy sequence....thanks to everyone providing dots for us to discuss and evaluate.......and one day see how they connected
Looking back on things, I think one of the more humorous quotes was the individual who claimed he was going to dress up as an ERHE stock chart for Halloween...."nothing any scarier than that"
This is boring...I think I will go put in a sell order for $6 per share....it's fun to see what the estimated net is from that!
I could not find anything about delivery dates...but the map looked like they were in service in Asia.....are they already committed or could they become rigs of opportunity?
Are there no buyers or is there anything to buy? Starting to look like paint drying on the wall...
Mark, the source also told me definitly drilling in 07....also he has had a history of saying "no" to things that were definitely not possibilities and "cannot comment" on things that were actually happening....he knows something about the ERHE buy in/out....again thank you for your calls and hope you have a great Christmas season.
Thanks OILY......I like what is happening now.....I imagine the most frustrating thing for you is the timing issue...you are sketching the events and everyone wants to hold you to an actual nano second, when the players involved may not even own a watch much less consult it if they do!...thanks for your info
Mark, your call confirms something else as well...it IS busy at the JDA...and just because we don't hear any news, doesn't mean things aren't going on over there....apparently it has gotten even busier the last couple of weeks with the meetings...thanks always for your calls!
Mark, I think Barry knows a good bit, but I still remember calling the JDA in Oct. 2 years ago and having the source tell me all blocks were going to be rebid...I e-mailed barry and He told me he knew nothing of it and his sources had not said that....I did not post because I thought I had gotten another person besides the normal source....2 weeks later came the official announcement of rebids. That is why when you post I buy what you report because I know at least one of the sources....I will always have some questions about BM's reporting.
I am wondering if the meeting at the JDA yesterday morning cemented a deal...the source said yesterday when I asked if meetings were on going that "infact we had an important meeting this morning"....STUFF IS HAPPENING, but this is the longest "gestation" process I have ever been a part of!!!!!
From my call yesterday to JDA the contact mentioned drilling in second half of '07. I assume that he is being conservative with his estimates, or the BD will not be available until NOv.....MARK is much better with his communication with JDA and may find out more specifically about these rigs.....BUT BD and Pathfinder were known rigs and were not ruled out by the source. From my conversation I know that MANY THINGS ARE HAPPENING IN MEETINGS AND ON PAPER....
Are we starting to see more of that end of the day volume?....looks like some one holds out trading until price stablizes....
All of this offor arrest stuff means absolutely nothing and is very close to OFF TOPIC...it is of no concern to ERHE and an arrest in Nigeria is about like getting "arrested" at a fundraiser here in the US......let's put a bullet in this subject and MOVE ON
Received private e-mail asking how to make the call to JDA and is it expensive. (Mark is no doubt Better at this than I am), Probably cost me about 50 shares of ERHE ($20).. look up the number listed on the JDA website, start with 011 then dial the number listed minus the zero in paranthesis()...it is too late today to do this, also it may take you some time to know how to approach them over the phone...when you do get someone, relax, and enjoy the visit and mix friendly conversation with some pointed questions.....good luck...sometimes I get through sometimes I don't, I haven't called in a while, so it was pretty much a shot in the dark this morning.....I hope this will help Mark, to call a little later in the week for further info....,
Also asked specifically about ERHC and talks of buy-in and buy-out and he said that there was much talk and many meetings between lots of people and things are very busy AT JDA and things will begin to get busy in the zone soon....the key to everything according to him are rig slots...EVERYTHING ELSE IS OR WILL BE READY TO GO....would love to sit down with him face to face and visit...great guy.
Contacted JDA just a few minutes ago...Mark, Meetings continue and one occured this morning....still upbeat about 2007 drilling, I mentioned BD and Pathfinder and both were known by him...also reminded Him of his excellent article of the history and success of JDA that he released 2 years ago and suggested that he update it and re-release it as it was well received here stateside...he thought that he might do that....was in a great mood to talk, Mark, but may not have anything new for you...
No buyers or sellers HUh?.....hanging on the edge!!!
It's about the stock price for all of us isn't it?......Oil at around $70 per b. and t boone pickens expecting it to be 70 or above all next year up to $100 even..........We believe ERHC is undervalued by any standard and by specific examples of other companies....If the stock price is being artificially held down....what scenario would cause it to run beyond the control of those who have it chained up? I realize that is what we are waiting on and each of the speculations of buy in buy out "rig of opportunity" and these others scenarios are possibilities ...BUT, WHAT WILL IT TAKE FOR THIS CO. TO FLY BEYOND THE CONTROL OF THE MM's OR WHOEVER HAS THERE THUMB ON IT?
I was not saying anyone in particular...it was alluded to by others at times...I know that it IS IMPOSSIBLE for this to happen...
If this one message board could affect a stock by 30+% then the whole company is bogus!
Thoughts from report
PAragraph one states that the consortium is paying the bills for us....
They are taking their time to find the "right people"
November was busy with "meetings" in regards to consortium patners and "new" business in Nigeria.....
All of this is what Oily and MGV's info has been telling us.....STUFF IS GOING ON!
This is exactly the news I expected from the company....however, I feel that the alluded to financial statement may be the one that answers some questions....and I imagine we will see that in the next 12 days.....I liked everything about oily's cartoon except that stuff about the bad place,,,,,
A well to be spudded in MArch which is in the first quarter of '07.....which corresponds to MGVs info...obviously a "rig of opportunity" is now available and will be on its way shortly....people relax we are still several days away from the real climb....look at the charts...meetings going on info to follow......ain't that right oily?
When might we hear the SNP announcement?
Repost of one from last week
Posted by: 10987654321
In reply to: None Date:11/29/2006 11:59:13 PM
Post #of 83518
According to the 5 year chart....if this stock were an EKG then we are about 15-20 days from the begin of the next spike towards the dollar...if only 5% of the speculation and good info we get is true, then we are ready to climb out of this hole...I think way more than 5% is true and the climb will be swift...one digit to the left of the decimal should be seen this time...2 years ago was .96 and this past year we saw .99...it WILL pop the decimal this time!!!!!!
MArk thanks for all your DD...I never got to tell you thanks for the update last week...it's been a while since I called jda and I really appreciate your efforts..
Mark with what you know from jda, and what you have heard today...would you be willing to give an opinion ofwhat you feel is driving price up...is it a buy in/buy out or rig of opportunity..combination of all of this...love to hear your honest opinion.
FRi SP slight drop was due to the flippers who purchased as low as .31 and sold that same week for .38...........wish I had purchased at .31!!!!!!!
been in that fetal position a couple of times..now all I have is a tick in my next and constant drooling!
Dude, somethings going on!...Every time the company has gotten silent,,,something happens!
Doesn't all of this make sense!?! This is the easiest way to "beat" the DOJ investigation....If IT ai'nt going away then walk away from it...if big oil is behind it, then this is the right move to make the investigation a mute point.
BM is a hack writter and his info is not nearly as valid as MGV's...I know this from past experience of calling MGV's sources and seeing a little later what BM says.....NEVER have been impressed with BM, unless constipated!
Effort IS the focus.......right and wrong will be proven over time by the way, MGV is not "making predictions" only relaying information.....to comment on MARK's DD (other than to say "THANKS") is shameful at best if you have no DD that credits or discredits ......you are in category 2 until you make the call
I have absolutely no problem waiting for MGV source to prove right...a while back I took mark's suggestion and called for myself....spent my money, time etc. to hear for myself and was told the same thing by probably one of his sources.....there are two kinds of people in this world 1. those that are responsible and assume responsibility for themselves, take initiative, and work hard and 2. those that sit back and wait with expectations of others assiting them and maintaining attitudes of entitlement.
MArk falls into the first category....the poopooers of Marks DD and Oilphants knowledge fall into the second category unless they can prove through other sources that MGV and Oily are wrong, but then that would force them into the first category and as the little child says..."mommee. dat'd too hard to do"
According to the 5 year chart....if this stock were an EKG then we are about 15-20 days from the begin of the next spike towards the dollar...if only 5% of the speculation and good info we get is true, then we are ready to climb out of this hole...I think way more than 5% is true and the climb will be swift...one digit to the left of the decimal should be seen this time...2 years ago was .96 and this past year we saw .99...it WILL pop the decimal this time!!!!!!
love the chatering teeth negotiators!
please tell me nwtf is almost out of post!....PLease!!!
Bull!...Mark's sources timing MAY have been off, but NEVER WRONG!.......please cite examples of wrong info from Mark's sources...spend your money and prove him wrong...you really are showing your "true colors"
mark, anything new yet from jda?
Oily, anything new or known on your end?
oily is not painting details, he is sketching.....use your mind t complete the painting...hopefully this makes sense to some of you who may have had an art class or two!