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How in the world could we possible understand the situation when the folks who are making the decisions won't tell us anything?
nothing, ever. cripes.
Magic, you said " I'm guessing that, until these contracts are satisfactorily in place, we will hear nothing on drilling plans, etc.">>>>>
This is just another in a long line of reasons why this company does not communicate with shareholders. There will always be things that are confidential going on, as that is the nature of business. But an inalbility to say anything except "yeah we're under investigation" is pitiful in terms of PR. It is no wonder the sp is where it is.
The only good news about this is when people claim this is a pump and dump scam, you gotta ask "where's the pump?"
You would think with all the money they are spending on security in Nigeria, they would quickly figure out that it is better to spend some money on the citizens (in the Niger Delta) than to fight an ugly and very expensive war with their own people over the amount of money they receive from oil. Greed is once again winning over good sense.
Talk about shooting from 500 yards...
A deal is in the works because the company has said nothing. This passes for a logical statement. maestro, your time in jail certainly changed your outlook.
I hope there is a deal working, but I have seen ZERO to support this.
I make it a strict rule never to play anything under .05;~} Anyway you should have told us this was going to happen yesterday.
good luck.
hard to believe we are below .40, depressing too. Good time to buy if I had any more money. Long term, I hope we all come out smellin like money.
If you're early you are wrong and if you're late you're wrong.
Geopolitically and economically this is turning out to be one crummy summer.
Well, I am sick of Mr. Scrushy altogether and will be thrilled when I see a news item on HealthSouth without his dirty name in it.
He basically bribed the community using his affiliation with black church leaders and played on the mistrust of government in general to get off on the criminal charges.
Anyway that one should be looking good in the fall, as re-listing should happen in Sept.
Thanks, I only own 1 .pk (HLSH) it's not there, but that's a long list eh?
as a reporting entity, ERHE.OB should already be listed if the FTDs qualified presently.
I don't think the pks will be listed until the date of July 28--XX trading days after the 12th (?? at least this is what I think I read)
and the oilphant award goes to .....
Spec 29!!!!
While I find some benefit in TA, Buffet is not a momo trader either. He is strictly a value buyer and has proven that over many years.
This particular issue is experiencing a tremendous lack of mo, (IMO) due to a lack of any information about what is happening from management.
Tough to generate interest from ZERO info.
Warren Buffet doesn't use or believe in TA. he says "hokum".
That is just stupid. That email address doesn't have anything to do with the Feltang in the Sec filing.
I haven't yet figured out 1. who feltang is or 2. what they did to earn this deal (brought Sinopec to the table?? Seems incredible)--anyway, thought this one smelled like week old fish when I first saw it.
Days on end, weeks on end, months on end--NO positive news from the company. Nothing. How long does it take walter to write a letter?
WTF, over?
Still the same sound coming from ERHC management? More nothing and more nothing to come? I gotta say, this sucks. Apologies to Pup, but this dog squeeze is down more than 50% from its high, 33 % since averaging down.
Am I happy? NO
Who the F is calling the shots? Well call one, for god's sake.
pumper...LOL
OT I would love to vist and some of my wife's family (Johnson-Ericcson) are from your country. If I can talk her into it, we will be seeing some of your homeland. Got to get the kids finsihed in school, two more years, thanks for the travel tips.
From the accident rate, it is either going to be re-hab clinics or seat belt manufacturing that we should invest in.
Hope life is good in Norway.
Pup-too funny, thanks.
Looks like seat belt sales could increase astronomically in China.
Careful maestro, you'll be labeled a pumper any minute.
How long o lord how long? When in the name of all that is holy is the company going to have SOMETHING TO SAY??
jimminy
hell, you can't even spell semantics.
From Reuters:
MOSCOW, July 6 (Reuters) - China's Sinopec (0386.HK: Quote, Profile, Research) will pay $3.5 billion to buy a 96.9 percent stake in a mid-sized unit of BP Plc's (BP.L: Quote, Profile, Research) Russian vehicle TNK-BP (TNBPI.RTS: Quote, Profile, Research), Interfax news agency reported on Thursday citing TNK-BP's Eurobond prospectus.
Udmurtneft (UDMN.RTS: Quote, Profile, Research) produces 120,000 barrels per day and has reserves of 1 billion barrels.
Industry sources said Sinopec acted with the blessing from state-owned Rosneft (ROSN.MM: Quote, Profile, Research), helping it to win approval from the Kremlin, which is keen to cement its ties with China but is also seeking to regain control over the strategic energy sector.
Rosneft has already said it could buy half of Sinopec's Russian assets, cementing the government's grip on the energy industry.
Rosneft is the biggest exporter of Russian crude oil to China, while Sinopec is Asia's biggest refiner. Joint ownership of Udmurtneft could bolster both firms' positions.
© Reuters 2006. All Rights Reserved.
an angry asian girl? seriously, congrats.
Simply, they don't have any rights in block 1. To draw the inference that you and I would like to see them draw and publish it would seem a little more than "forward looking"--it might seem more like PUMPING ( and I don't mean oirl)
The block 1 news is certainly encouraging to us longs, but the company cannot lay claim to anything by inference because of it. So they can't put out a PR relating to it.
I think we all wish they would have something positive to say and soon.
They are an independant country --Sovereign--they do not have to answer to the US, the Pope or the UN. They can run their affairs like they want, my opinion is that you are just here to bash.
Art have you posted over on the instructamba board? Some will be interested.
I agree with your last sentence tex.
-.07
WTF? over
same ole, same ole.
http://www.erhc.com/ShareholderLetter.htm
WTFO?
One thing happened while I was gone, Mongo got canned. Can't say as I will miss him, but it should take a lot to get someone banned, Maestro doesn't fit the catagory.
He's just grumpy.
I am not stating an opinion. When you compare the newspaper quotes with what JOE sez they said, they don't match up. Go read them yourself.
rest assured everyone, including me, appreciates your direction.
If you have been reading the EHRE board, you will find that once again Mr. Shea has published an inaccurrate story re the seach warrant and comments about that.
Just a word to the wise.
News from ERHC:
Nothing happened again today.
We want to thank all non-contributors to this non-story, esp WB and SEO.
Please stay tuned for future non-updates.
Crappie, if that's what you need, you will have no problem finding a fight over on RB!!
a woman who has said she plans to buy Sometime after the end of this month, and that she has been constrained from buying before that (professional reasons).
Good Luck