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Rocky sorry, I stand corrected, the Survey that keeps Meridian to 3 posts per day is on the ERHE board. No wonder he is here now! People got very sick of his BS over there, 50+ posts/day and surveyed what to do, the results were unreal close to 50% was limit him to 3 post per day, about 12% was ban him all together, so what does he do, moves here and to RB unreal.
Perhaps we need a survey here. lol
Rocky why do you waste your time with that BS artist? I keep hitting the previous post and on almost all is MEridian. What a waste, the guy is full of BS; pls don't encourage him by responding to him, it dignifies his position to some.
Wow, can't someone read the survey!!!!!!!!!!! It said "limit him to 3 posts per day!!!!!!!!!!!!!!"
Unreal:That guy's Raging Baloney and now it is on 3 MBs from the same poster.
BOL
john
Texas: it will likely be a long wait b4 get adequate PR, BB was saying that earlier. Averaging down is fine when you have info but many will likely be reluctant without it. jmho
Someone is tree shaking and it is easy with the string of news we have had,and the lack of communication, unfortunately. This type daily SP thing has a way of taking care of itself many times, just takes 1 big news announcement and the dunces become gurus. lol
BOL
john
Balance Builder:
You are correct, I am sure you have been with ERHE far longer than I, but I have been with the market since "82"; consequently I do know that people rarely do all the DD required. Hence many, make trading decisions in a vacuum, sometimes based on emotion, then regret it after, both on entry and exit. It takes little to have many trading on emotion vs logic, when solid DD hasn't been done. Usually guys like Merridian post 50 times+ per day for that sole reason.
Anyway, not to bore you further, I enjoy your questions, but would really love the answers to go with them. lol
TIA
john
Electick ohhh that visit, you should definitely make another if it is right around the corner, perhaps you can take Jane out to lunch? WE will all chip in. lol Secs usually know a lotttttt!
The retrace on Fibanocci buts us at .72 ish and that is the 38.2% which is still a bullish retrace. The 50% puts things around .63. Retrace depends on where you snap the lines. That 50% is like a doji retrace, which about the time folks bail, we will get good news, more than likely anyhow, if and when we go there.
Charts suck so it wouldn't be a suprise, but last time (8k) we only got to .68 and bounced, so who knows. If we hold and bounce that will be greatttt support, course by then many missed an opportunity if it happens.
Long term we should be fine, if nerves don't get frayed and emotion generates trades.
JMHO BOL
Electick: and what was that, prey tell?
KUXE thanks for the logic and the article it helps mitigate the chronic wall of worry which WS almost always has. lol
BOL thanks again even if the article is past, it is still not very old.
B Builder: "I can't settle the "stir"....the company has to do that. Perhaps each shareholder with similar concerns SHOULD follow up via email or TX to the company so they GET THE DRIFT. We're getting the drift with a falling shareprice....likely based on lack of information being shared with the co's shareholders. Be active!"
That's is great advice, however you seem very concerned after reading your posts, and asked the first questions about the issue, so I was curious if in fact you had called. If you have not then perhaps you should, following your own advice, "Be Active!"
jmho not to beat a dead horse but:
One thing to keep in mind, when the stir is promoted by someone and then followed on by other sheep, it is the responsibity of the shepard, and not the sheep to find out. The guy with the spoon in the soup is stirring, so let him settle it. jmho
The price decline imho is due to a number of things:
1. NO GOOD NEWS
2. Bad: 8k search
3. No company explanation or acknowledgement of , just a fourth hand vindication not even from the company. Showing a less that ideal understanding of communication with owners
4. Traders hoping out, it is dead money til NEWs
5. Oil is way down the road
6. Buyout rumors subsided
7. Investors sell on doubt so if it is continually raised as you are currently doing it breads doubt, as does Merridian etc
(not to lump you in with him, thank god)
8. TA the charts rather suck so even TA guys may be bailing somewhat.
9. Delay in SEC filing
10 Plain and Simple=1 bit of bad news after another- Mentally all *but the strong hands will likely leave, unless something good is forth coming and quickly.
Just my view and not to criticice your questions, just wondered what you got when you called.
***The website lists an email address, but I am missing a phone # can you post one for us, and if there is a more direct email to the CEO post that as well?
Perhaps many can do an email campaign if nothing else
TIA
john
Balance Builder what was his response when you called or emailed your questions to him. Rather than panic folks perhaps you should if you haven't. Now that a stir has been caused perhaps you can settle what has been created.
TIA
ANY WORD ON PARKIN FOLLOW THROUGH:
It was posted recently that he was looking into the accounting of LONG Term Liabilites = $4B same as assets on his SEC filing.
Someone asked at the time why it wasn't listed as retained earnings yielding a different picture and less market confusion. Supposedly then someone here spoke to Parkin and he said he would look into it.
Suppose he forgot? It would really help the SP to have that straightened out. imo Perhaps that is a SP positive bomb he will lay on us?
Any thoughts? TIA
Alwright and Others with PMs: Question:
Who is Merridian, he has not shown on my radar for 4 weeks now since I ignored him. Obviously, I didn't miss a thing.
Perhaps you might Ignore him then write Matt and tell him you wish to BLOCK his Spam
Just a thought, but bet he would leave if he was only talking to himself, unless he is a refugee from a luni bin/
BOL
john
I thought the 45 mil was due 3/24/06 why would it take 22days to deposit it?
News: Nord "Quoted" and Interpreted:
According to the company, Nord Oil International Inc. will acquire by way of a reverse merger 100% of the outstanding shares of *two divisions of the North-West Oil Group*,
namely:
1. "North-West Oil Group-Saratov" Ltd. and
2. Company "Neftegazenergo" Ltd.
As the result of that merger, Nord Oil International shareholders will own a total of 41% and the shareholders of the North-West Oil Group will own 59%:*** of the newly created entity to be ***renamed the Northwest Oil Group.****
The total merged enterprise value is currently estimated at USD $1.25 billion, representing approximately $2.20 per Nord Oil International shares post merger.
It tells you post merger value!
1. Saratove Ltd div holds 5 of the 6 oil licenses
So that means you get the oil or 5/6 just with that division.
2. I assume that Company Neftegazenergo has the other license making 6 total in the Rusian oil fields
I am running out of my 15 posts so if I don't answer you will know why!
BOL
john
Price change: So when would anticipate they would put out the new shares and take our existing back? That may smell like an R/S to some, we just went through a scenario where many saw a RM as an RS, boy I hope they make it verryyyyyyyy clear or we will have the baby out with the bathwater on that day. lol
ndoltdr:
Aurus to me is the same deal,as NDOL, Monimpex doing both, same management, except Parkin is Pres,so to a causual trader they may look different. Rather thinly veiled, but perhaps well enough for many, who never do DD anyway. Although, now everyone knows what is up so I bet there are no wild swings with AURC. Next leg up is OTC or Parkin straightening out the balance sheet which he said he would do a week ago. That whole long term liability issue, where he should have put it down as :
Assets= liabilities + retained earnings (had they labeled it retained earnings that would have worked ok.
*NDOL is one reason traders have calmed down on the AURC stock.
I think AURC will go OTC BB, before any buyouts, just due to the pinky stigma/ that NDOL has created. If they do one after the other, the same way, they will really get screwed unless May 15th Northwest comes out with SEC Filings that are transparent and Great for the 2 divisions we merged with.
**If they issue a consolidated statement but we only bought into two divisions how does that work?
TIA
Nodltr
Man, I posted links on this stuff for a while now saying almost the same thing you did. Its unreal,few bother to look I guess. Perhaps they will pay more mind to your post than my links, seeing as they only have read your post, and save their fingers vs use the links. Unreal but a tad disheartening.
Well it will all work out in the wash. lol
BOL
john
Stushy GREAT POST NORTHWEST CREDIBILITY keep Spreading it!
Thanks so much for making that call. The board should all chip in for the cost of the call.lol Pls sent contribution to Sushy at:
BOL keep up the good work on the DD!!!!!!!!!
john
Credibility = SP so here is some NDOL credibility which will trickle soon to AURC seeing as the deal makers are the same people:Monimpex International
I have links on Northwest Oil, Monimpex, Nord plus some not posted, but they support the RM as a good deal for NDOL hence AURC management credibility. I don't care if you buy NDOL that is not my point, it is merely the credibility of the players and hence the SP later.
Posted by: trade2much
In reply to: some_extra_dough who wrote msg# 3656
Date:5/11/2006 9:58:10 AM
Post #of 3665
If these links don't convince you to buy nothing will:
(hope they all work)
http://www.osw.waw.pl/en/epub/ekoment/2006/01/060119.htm#top
http://www.bbj.hu/main/news_9290_mol%2Bto%2Bjoin%2Bexplorations%2Bin%2Bwest%2Bsiberia.html
http://search.netscape.com/ns/boomframe.jsp?query=Monimpex+International&page=1&offset=0&....
To the Board: Can we all make a PACT just to **immediately**, after 1 or 2 posts, PUT ANY BASHER ON IGNORE when they show up because they will. IF all immediately ignore them they will go away with nooooooo responses. When you do it pls post so all can do it.
It will benefit all, and never mind the 2 sides of the story just concentrate on good DD and never mind the thieves that wish to make you sell because they have shorted the stock!
Pls try this out, it won't be long they will come. Oh, and if you do the IGNORES pls make sure to post them. WE can keep our board clean that way,
BOL &
Thanks much, "The Janitor"
jstick: more than welcome, and if you find me doing it pls let me know in a like manner.
Civility is much more conducive to what we all want here.
No prob. BOL
john
bushie: Those DD links say it all NO pumping and NO Bashing JUST GOOD PUBLIC INFO - Its a strong buy in my book.
I have some other links as I bookmark them as I go. Frankly, I had traded in and out until today. The Northwest links convinced me this is a great deal:
The one for Hungary & Jol then becoming part of NW
The one that mentions Putin connections and 6 oil field licences acquired, remember Northwest was a private company then, so no need for any baloney PR
THe Monimpex Intl one that shows definitions of what we just did and why.***Further the bios are veryyyyyy impressive on the guys who put this all together and one of the BOD (chairman, I believe is a very reputable individual according to another PR I read. Can't think this is a scam after days of research, but I have been wrong before, if it is it is the most elaborate one I have seen with 4 companies involved and Lawyers and WS types and veryy knowledgeable folks involved. So I put some of the POSTERS here on ignore and bashers are gone immediately, I am not handing those idiots my money, since they don't know the companies involved anyway. That is another reason not to post all the links.lol
Spoke to my broker for 1/2 hour early today asking about "reverse mergers" he said they are not a negative thing at all, as are reverse splits which usually just pump price and they are done for entirely different reasons.
4 companies are tied to this deal's ethics:
Northwest
Aurc - run by our same management team
NDOL INTL
MONIMPEX which makes its money of deals and consulting so unless they want to piss in their own soup I think all is well.
Hope so I stuck down a bunch today. So I am in again!!!!!
BOL to all
If these links don't convince you to buy nothing will:
(hope they all work)
http://www.osw.waw.pl/en/epub/ekoment/2006/01/060119.htm#top
http://www.bbj.hu/main/news_9290_mol%2Bto%2Bjoin%2Bexplorations%2Bin%2Bwest%2Bsiberia.html
http://search.netscape.com/ns/boomframe.jsp?query=Monimpex+International&page=1&offset=0&...
Rookie is that yesterday's PR @0900 or today's if it is dated 5/11 can you post a link?
Stay the Course and Ron thanks for the replies and I gottcha on both. Stay the course can you shoot me an email @: Trade2much@yahoo.com I can't reply to your private mail since I am not a premium sub here.
TIA
john
Sometimes, you hit the nail on the head, I currently have about 27 equities, and I guess I am too old to keep track of things the way I should. On top of that I trade about 350 times per quarter and that just adds to my mental farts.lol
Stay the Course:
You seem very knowledgeable, and familiar with how the industry works. I for one am very gratful for that!
What is your best guess at a timeline for ERHE like in 3 month intervals over a few years until we hit and actually produce, assuming we don't get a dry hole to start.
TIA
john
sometimes I went back and I stand corrected I put the following article together with one about the FF listing and German ivestors together and thought they got a green light to export to Germany.
I mistakenly combined these two links a read a while back.
Tue, Apr 4, 2006
• Nord Oil Receives Green Light to Commence Oil Production
Market Wire (Tue, Apr 4)
Mon, Apr 3, 2006
• Nord Oil International Listed on the Frankfurt Exchange
Market Wire (Mon, Apr 3)
Tue, Mar 28, 2006
jstick2000 call the guy and ask directly what you need, it is worth the $5. Your questions are important to you as an investor, so just ask in person. Parkin is part of Monimpex Intl just running AURC and putting deals together, like Makarov (Parkin's boss at Monimpex) (Pres of Monimpex Intl) is running Nord, for a bit anyway. In effect they are stock paid consultants, so ask away!
Ask him and then you won't get poed at others
This name calling crap is juvenile and petty, most here think you are above that, so knock it off and ask Parkin yourself.
jmho
Ronnie: this ole man thanks u once more!!! eom
Ronnie thanks U da man> now if we only knew what they would end up with. Better than what they got anyway. lol
bol john
Ronnie thanks for the explanations on the Tax. I thought I recalled someone posting it and they made a comment about how others had put a valuation with out consideration at the time.
We were nowhere near the juncture where we are now, so unfortunately I just read it and went on, should have bookmarked it and some of the subsequent stuff. oh well
Thanks again,
BOL
john
Sometimes: I see your logic, although it sure makes the permission they just got from Germany and surrounding regions rather unnecessary, if they are not going to export?
Do the other Russian oil companies only supply inside RUSSIA?
Just thinking out loud, sorry this thing is driving me bonkers
What was the bottom line then? Does anyone here know what the actual situation is. Whoever posted it before gave these reasons that Putin wanted to keep the resource home, blah, blah. So do we have any idea, or just oops I was wrong type thing? That was quite an ooopps if it was.
I know it is not a fair question, but it would be good to have an idea. Although I guess we can just wait for Northwest's filing and maybe tell from that.
Thanks
john
Sometimes
do you recall someone last week, or the week before posting that Russia has a tax of 90% on any $ over $25 per barrel.
I thought it was on this board, but not positive. My eyes are about bugging out with all the stuff going on and trying to sort things out 20 times per day. Just trying to get a good handle on valuation if that is possible.
If it rings a bell let me know, it was in relation to valuation of the company I believe.
TIA
john
Sometimes: sounds like you should buy the state in a bit lol
Good for you!
BOL
john
Peorge: I guess I was dreaming! I can't find the 1pm thing. Sorry!
Accd to the PR this a.m. I think it said "1pm" today more details?
Think I read that>
If so get ready for some more volatility
BOL Sit tight and read lol
Sometimes Right 12.8 bagger so far: drinks are on Sometimes.lol What a great job, I assume a .07 you likely bought a lot of shares.
**Did you get any of AURC?
TIA
john
ERHE: Kuxe posted this 5/9 any comments:
I know, it's Stock related but hopefully you guys will respond, lol
By: kuxe0
09 May 2006, 04:12 PM EDT
Msg. 96349 of 96414
(This msg. is a reply to 96325 by kuxe0.)
Jump to msg. #
This great Angola block 31
is the most nearest block to the JDZ of all Angola offshore blocks.
They did their 10th successful well there. It is at a position, where the "Gulf of Guinea" changes into the "Angola bassein".
Zoooom if ERHC executes its free choice for 2 complete blocks in the EEZ around Sao Tome in the Gulf of Guinea.
http://www.oilvoice.com/BP_Makes_Tenth_Oil_Discovery_in_the_UltraDeep_Water_Block_31/6322.htm
oilman thank you for the reponse, I asked the board this a.m. That is why I got POed all the BS and no response on the topic/
Thank you at least for the update.
BOl
john