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Exceo: Over the years I have made some money buying stocks on rumor and selling on the news. But after 8 plus years in this stock I think it is safe to say "Buy on the News (ERHE no news) and Sell on the Rumor". I could have done alot better investing in gold @ $285.00 an OZ.
Sneak
Come on Oily you can do better than That! How about a Big Fat Slow Curveball Riddle that we can Ponder and Strikeout on or Hit out of the Park.
Sneak
BB: Can You Re-post the White Board Image Once More?
Thank You
Sneak
Shoot Away!
Sneak
Lets hope it is one of the Seven Sisters
Sneak
UPDATE: No Kosmos Jubilee Stock Sale Until Plan Signed -Sources
LONDON -(Dow Jones)- Kosmos Energy LLC is continuing with plans to sell its stake in oil fields discovered offshore Ghana, with an asking price of around $3 billion, but the deal can't close before a development plan is agreed between the companies involved and Ghana's...
Let The Bidding Begin!
Asia oil giants eye $3 billion stake in Kosmos Energy: sources
Last Updated: Friday, 15 May 2009, 3:48 GMT Previous Page
Hong Kong (Reuters) - Asian oil giants including India's ONGC (ONGC.BO) are among firms eyeing a potential bid for a $3 billion stake in Africa-focused oil and gas independent Kosmos Energy, three sources familiar with the matter said.
Private equity-backed Kosmos, which has received a total of $800 million in financing from Blackstone (BX.N) and Warburg Pincus, has hired Standard Chartered ( STAN.L ) and Barclays Plc (BARC.L) to sell its stakes in the Jubilee oil field offshore Ghana, London-based media reported over the weekend.
Lower oil prices are slamming smaller oil players, handicapping their ability to finance projects and making many vulnerable to takeover, analysts say.
Oil has fallen to roughly $57 a barrel since the record highs of close to $150 hit last July, with few convincing signs of a sustained demand recovery in sight.
Kosmos has eyed a potential stake sale for months, but management could not agree with the firm's financial sponsors on timing because of the cloudy outlook for oil price recovery amid the global financial crisis, dealmakers said.
"This is a world class asset," said a Hong Kong-based investment banker with direct knowledge of the situation.
"There's been some disagreement about how to monetize it," the source added. All three bankers declined to be named to protect client sensitivities.
Kosmos' stake is also expected to draw bids from global energy players BP ( BP.L), Shell Oil ( RDSa.L), Chevron Corp ( CVX.N), Exxon Mobil ( XOM.N) and Italy's ENI SpA ( ENI.MI).
China's CNOOC ( 0883.HK)( CEO.N ) is also eyeing a bid for the stake, a source familiar with the matter told Reuters.
CNOOC declined to comment when contacted by Reuters.
AFRICAN OIL
Jubilee, one of the largest oil finds in West Africa in the past decade, is predicted to hold 1.2 billion barrels of oil equivalent. The entire field is valued at around $15 billion.
Texas-based Kosmos has interests across Ghana, Benin, Cameroon, Morocco and Nigeria, including the Jubilee Field in Ghana's deep waters.
Other Africa-focused oil and gas independents are also drawing strong interest from Asian buyers.
Addax Petroleum (AXC.TO)(AXC.L) has attracted buyout interest from CNOOC, ONGC and Japan's Mitsubishi (8058.T), three sources with direct knowledge of the matter told Reuters in February.
London-listed Tullow Oil (TLW.L), a partner to Kosmos in Ghana, is also attracting Chinese buyout interest, bankers have told Reuters.
"We can neither confirm nor deny," said a New Delhi-based spokesman for ONGC. "We do not want to comment on this at this point of time."
(Additional reporting by George Chen in HONG KONG and Devidutta Tripathy in NEW DELHI)
Let The Bidding Begin!
Asia oil giants eye $3 billion stake in Kosmos Energy: sources
Last Updated: Friday, 15 May 2009, 3:48 GMT Previous Page
Hong Kong (Reuters) - Asian oil giants including India's ONGC (ONGC.BO) are among firms eyeing a potential bid for a $3 billion stake in Africa-focused oil and gas independent Kosmos Energy, three sources familiar with the matter said.
Private equity-backed Kosmos, which has received a total of $800 million in financing from Blackstone (BX.N) and Warburg Pincus, has hired Standard Chartered ( STAN.L ) and Barclays Plc (BARC.L) to sell its stakes in the Jubilee oil field offshore Ghana, London-based media reported over the weekend.
Lower oil prices are slamming smaller oil players, handicapping their ability to finance projects and making many vulnerable to takeover, analysts say.
Oil has fallen to roughly $57 a barrel since the record highs of close to $150 hit last July, with few convincing signs of a sustained demand recovery in sight.
Kosmos has eyed a potential stake sale for months, but management could not agree with the firm's financial sponsors on timing because of the cloudy outlook for oil price recovery amid the global financial crisis, dealmakers said.
"This is a world class asset," said a Hong Kong-based investment banker with direct knowledge of the situation.
"There's been some disagreement about how to monetize it," the source added. All three bankers declined to be named to protect client sensitivities.
Kosmos' stake is also expected to draw bids from global energy players BP ( BP.L), Shell Oil ( RDSa.L), Chevron Corp ( CVX.N), Exxon Mobil ( XOM.N) and Italy's ENI SpA ( ENI.MI).
China's CNOOC ( 0883.HK)( CEO.N ) is also eyeing a bid for the stake, a source familiar with the matter told Reuters.
CNOOC declined to comment when contacted by Reuters.
AFRICAN OIL
Jubilee, one of the largest oil finds in West Africa in the past decade, is predicted to hold 1.2 billion barrels of oil equivalent. The entire field is valued at around $15 billion.
Texas-based Kosmos has interests across Ghana, Benin, Cameroon, Morocco and Nigeria, including the Jubilee Field in Ghana's deep waters.
Other Africa-focused oil and gas independents are also drawing strong interest from Asian buyers.
Addax Petroleum (AXC.TO)(AXC.L) has attracted buyout interest from CNOOC, ONGC and Japan's Mitsubishi (8058.T), three sources with direct knowledge of the matter told Reuters in February.
London-listed Tullow Oil (TLW.L), a partner to Kosmos in Ghana, is also attracting Chinese buyout interest, bankers have told Reuters.
"We can neither confirm nor deny," said a New Delhi-based spokesman for ONGC. "We do not want to comment on this at this point of time."
(Additional reporting by George Chen in HONG KONG and Devidutta Tripathy in NEW DELHI)
By Joseph Chaney, Reuters.com’s Asia Resources Correspondent
Source: Reuters.com
Mid: I Agree!
Have a nice day
Sneak
Mid: Like I said the Proof will be in the PUDDING! AXC seems to think there maybe alot of Sweet Dessert Down Deep.
Sneak
Walldog: The Proof is in the PUDDING! They will have the largest footprint in an ever expanding (connected) oil field.
JMO
Sneak
BB: If AXC buys Controlling Interest in Chrome? The Controlling Interest of Chrome Changes not the Onwership of ERHE 309 million shares it still belongs to Chrome, Chrome becomes a sub of AXC. Is this the deal that Oily spoke of?
JMO
Sneak
BB: Outside of the fact that ERHE is a U.S. company, How can the SEC have a say over AXC Buying Chrome which holds 309 million shares of ERHE. The SEC Tender Offer Rules of Reporting may not come into play until the deal closes and ownership rule of 5% or more take hold. ERHE share holders may not have a say in the deal unless AXC makes a Tender Offer for the balance of ERHE's Shares. AXC may not have to report unitl the deal is done.
JMO
Sneak
Brez: Not if he sells controlling interest in Chrome.
JMO
Sneak
A resent Barron's article gave Anadarko an "F" for the 2008 year on overall performance when rated against their peers! So a possible changing of the guard in block 3 should not suprise anyone.
Sneak
Tryoty: Well Said, I tip my Hat to You Sir. Sometimes owning this stock is like being stranded on a deserted island. Watching countless rumor or Hope ships passing in the distance without even the slightest notice of all the ERHE investors screaming to be picked up. So I will just sit back down and wait for the next Scenario ship, Dot connecting ship, Company news brief ship, Conference call ship, JDZ info leak ship, Company acquisition ship or just the plain old Conspiracy ship to pass us by again to see what might happen. I think All of the ERHE Investor's will have to wait for the Drillships to arrive in the area before we can even think about getting rescued. Some investors are above water on this one, but some here are at the water level and others are under water at today's price. Hang in there our ships are comming!
Have a nice day.
Very Long ERHE
Sneak
AXC CEO deserves an big apalogy!! The AA was a Joke!
Sneak
Sidewinder: 9 years ago I read a story about how XOM had plans to develope the whole GOG and It was believed to be the largest oil reserves outside of the middle east, Hold between 100 bbls to 350 bbls. The JDZ may hold 25 bbls to 30 bbls.
Sneak
Exceo: I'm with you on this one. The fact that no New News is out speaks volumes. I can understand why CVX was tight lipped about the true results of block one. But why is AXC tight lipped about drilling dates and other info that could lift AXC and other JDZ Participants to New Heights? Puzzling to say the least.
Sneak
Mark - RULES!!!!!!!!
Thank You
Sneak
BB: How might this old article from 2005, From ERHC on the Move, Shine light on the AXC aquisition to be? Could SEO be Selling controlling interest in Chrome and keeping a minority share of Chrome for the possible upside? If this is the deal Oily spoke of? If so can you shine some light on how the shareholders of ERHE might fair?
Chrome Energy Is Refinery Bidder With Asian Group
An article in the staid and reliable Guardian of Nigeria this morning reveals that it was Chrome Energy, the Cayman Islands-headquartered owner of 300 million shares of ERHC Energy, that made one of only two timely bids for the Port Harcourt Refining Company, Nigeria's largest refinery, and that the government of rebellious Rivers State has a stake in the bid not revealed in yesterday's ThisDay Online story.
Including the state-owned Rivgas Petroleum and Energy Co. in the consortium led by Chrome may be a stroke of genius, because thorny relations with that state and its activist ethnic communities has led to huge costs for Shell, Chevron and other multinationals who need the state's ports, pipelines and processing facilities to maintain a steady flow of oil abroad.
Also included in the consortium according to the Guardian is an oil services company named Starcrest Energy, which is headquartered at a private residence (with a small swimming pool) in a Plano, TX, suburban tract home. Little is known about that firm.
Essar marketing XEO Raj K. Varma, and also Ndubuisi Nwan, a Rivers State official, both from the the so-called Asian Group of companies bidding with Chrome for the refinery, are quoted at length in the story. By quoting these two so extensively and others not at all, the newspaper may be hinting broadly that Nigeria is strongly leaning towards accepting its bid for the refinery, which is currently operating at 60 percent of capacity. Chrome Energy has done turnaround maintenance (TAM) at the facility for years.
It also suggests the possible emergence and shape of an eventual African giant of the oil industry, a unified and fully integrated company capable of drilling, piping, processing, refining and shipping crude to the oil-hungry markets of Asia, Europe and the United States. At this stage, the Asian Group consortium lacks only a Korean manufacturer of floating oil platforms.
Chrome Energy, as the parent of ERHC, is a substantial player in the five recently-awarded blocks of the Nigeria-Sao Tome and Principe Joint Development Zone and enjoys rights to about a quarter of the estimated 14 billion barrels of oil believed to lie in the Gulf Of Guinea's tranquil waters.
Exceo: Wow that is a very strong assertion when only 1/2 million shares change hands each day out of 722 million.
Sneak
mrrhodes: You are right. Sorry for the wrong date. To much coffee this morning.
Sneak
BB: Could Addax have changed the dividend date from 04/04/09 to 04/08/09 to give investors more time to buy Addax stock after the upcoming conference call on 04/02/09?
Sneak
PetroChina Is Set to Go It Alone
by David Winning|Dow Jones Newswires|Tuesday, May 26, 2009
NEW YORK (THE WALL STREET JOURNAL via Dow Jones Newswires), May 26, 2009
PetroChina Co.'s proposed US$1 billion purchase of a minority stake in Singapore Petroleum Co. shows that China's largest listed oil company is ready to go it alone when expanding overseas.
PetroChina, based in Beijing and listed in Hong Kong and Shanghai, has previously relied on support from state-owned parent China National Petroleum Corp. when making deals abroad, with all business handled via a joint venture known as CNPC Exploration & Development Co.
PetroChina has owned 50% of CNPC E&D since June 2005 when it paid CNPC 20.74 billion yuan (US$3.04 billion). A senior PetroChina official said at the time that all overseas assets would be developed by the joint venture.
However, PetroChina has become increasingly keen to take full control of overseas assets, which would lower the potential for conflicts of interest between itself and its parent even as it reduces its ability to rely on state funds.
PetroChina's purchase of Keppel Corp.'s 45.51% stake in Singapore Petroleum, which will likely trigger an offer for the whole company, comes as China's resources firms are meeting resistance to their overseas expansion because of their close ties to the state. In that climate, a deal by listed PetroChina alone increases the transparency of the transaction and may limit accusations of a nationalist push to grab resources.
While the joint overseas venture with the parent will likely continue to be of use to PetroChina, it said Sunday that the Singapore Petroleum deal will become "a new platform for the implementation of our international strategy," signaling that strictly commercial transactions may be made by the listed company in the future.
Noting the relatively small size of the Singapore deal, KGI Asia's Ben Kwong said it is a sign that PetroChina is "testing the water" with its global expansion program.
PetroChina isn't alone among China's listed companies in wanting more freedom to make overseas deals. China Petroleum & Chemical Corp., known as Sinopec, wants to invest directly in overseas upstream projects, instead of deferring to state-owned parent China Petrochemical Corp. for such deals.
Sinopec, China's second-largest oil producer by capacity and Asia's biggest refiner, said March 30 it plans to seek shareholder approval to modify legal arrangements so that it can carry out overseas mergers and acquisitions.
Heavy involvement by state companies in deal making has helped China to expand rapidly its energy footprint abroad, including a deal earlier this month with Brazil's state-run energy giant Petroleo Brasileiro SA to guarantee oil supplies in exchange for financing help. Chinese policy banks have also entered into recent oil-for-loan deals with national oil companies in Russia and Kazakhstan.
But analysts say the listed oil companies' top management are concerned that direct involvement by their parents in M&A may become a liability.
Since a US$18.5 billion offer for California-based Unocal Corp. by Cnooc Ltd. failed in 2005 after criticism by the U.S. Congress, China's acquisitions have focused on politically sensitive regions, like Sudan and Myanmar, that were largely ignored by Western oil companies.
But such opportunities for growth are more rare now and if PetroChina, Sinopec and Cnooc want to add meaningful amounts of oil and gas reserves, they may have to bid for companies listed on Western exchanges. In a sign of the hurdles they may face, PetroChina has been subjected to an activist campaign in the U.S. because CNPC E&D has major stakes in oil and gas blocks in Sudan. Activists have encouraged U.S. investors to sell out of PetroChina.
Singapore Petroleum, one of the Singapore's three major refining companies, has exploration interests in Australia, China, Indonesia and Vietnam.
(Robert Li in Hong Kong contributed to this article.)
Copyright (c) 2009 Dow Jones & Company, Inc.
BB: Thank you for your response. I am sorry you have to, so called " Take it on the Chin" from other board members for your Oily post. I for one will condisder all sides and make up my own mind. Maybe Chrome gets listed on the AIM, with the help of ERHE's Oil reserves once they are known. Who Knows? Any how thank you again for your wonderful insight. Now fire up the grill and cook some wonderful venison this Memorial Day Weekend and wash it down with some fine Cab!
Sneak
BB: I'm a little puzzled by Oily's Statement. I was under the assumption that Oily was involved in some sort of action being take by a potential Suitor for ERHE or had Knowledge of a deal being hammered out by this Suitor. As far as the board was informed by Oily, The Deal was done and Oily had on more interest in posting about ERHE because the Powers that be did not take the offer on the table or that the deal that he claimed to know about or was involved with. So for Oily to Come out now and claim Chrome is about to take over ERHE is quiet a surprise. How much faith do you Put in Oily's statement.
More Dots Please
Sneak
Did someone compare the JDZ oil bearing formations to the oil bearing formations located in the Black Sea?
Brazilian state-run energy giant Petrobras (PBR) shouldn't be afraid to make investments overseas, President Luiz Inacio Lula da Silva said Thursday during a visit to Turkey.
"[Overseas investments] will help the company have more access to sources of oil," Lula was quoted by the local Estado news agency as saying. "Gasoline prices, which are already cheap in Brazil, could become even cheaper [with more overseas exploration]."
Petrobras will sign an exploration deal with the Turkish Petroleum Corp., or TPAO, Friday. The deal will cover exploration in the Black Sea, which Turkey estimates holds 10 billion barrels of oil.
Earlier this month, Petrobras and Turkey's TPAO agreed to operate a drilling rig in the Black Sea.
Petrobras agreed to cede control of the Leiv Eiriksson rig to Turkish Petroleum for exploration activities in the Sinop offshore oil block. Petrobras expects the rig to arrive in Turkey in late 2009, and drilling operations are seen beginning in the first quarter of 2010.
Petrobras began oil production activities in Turkey in February 2006, after successfully bidding to operate in two blocks in the Black Sea. As a result, Petrobras and TPAO signed operation agreements that ensured 50% stakes for each company for the exploration and production of blocks 3920 (Kirklareli) and 3922 (Sinop).
Petrobras said it completed seismic studies in the areas in late 2008 and is now beginning the well-drilling phase.
BB: I think the framework for a pre-drilling deal has been worked out and the terms and conditions of the buy-in and later buy-out are based on the results of the drilling campaign.
Have a nice day
More Dots Please
Sneak
Ruby: Nice find! Maybe AXC sells part of Taq to buy larger JDZ %. This speaks volumes about what AXC may KNOW about what may be in the JDZ. Trading % in Taq Field for Larger find in the JDZ. If this pans out well for AXC, It could be a "Very Large SCORE".
JMO
Sneak
Pete: I say an offer is made to buy ERHC'S JDZ Rights for $3.6 billion cash and stock swap (buy-in) and in the deal, The Buy-in Company has the rights to buy the balance of ERHC'S EEZ Rights Should they prove to be holding Oil and Gas.
JMO
Sneak
Tex: I say SEO sells Class "A" shares (JDZ Rights) or 360 million shares for $10.00 each and keeps Class "B" shares (EEZ Rights)or the balance of the shares for later sale.
JMO
Sneak
Art: Does one except money that will be going down in value or Does one except money that will be going up in value? The U.S. Dollar is still the World's Reserve Currency, but with all the Political Baggage that comes with it, One might think twice about that type of Oversight related to a Deal.
JMO
Sneak
The Sign of Things to Come! Will SEO settle for the Replacement Currencies? Or will he take the U.S. Dollars?
Brazil and China eye plan to axe dollar
By Jonathan Wheatley in São Paulo
Published: May 18 2009 18:24 | Last updated: May 18 2009 23:31
Brazil and China will work towards using their own currencies in trade transactions rather than the US dollar, according to Brazil’s central bank and aides to Luiz Inácio Lula da Silva, Brazil’s president.
The move follows recent Chinese challenges to the status of the dollar as the world’s leading international currency.
EDITOR’S CHOICE
In depth: Americas - May-18Beijing’s stimulus measures questioned - May-18In depth: China - Mar-04Mr Lula da Silva, who is visiting Beijing this week, and Hu Jintao, China’s president, first discussed the idea of replacing the dollar with the renminbi and the real as trade currencies when they met at the G20 summit in London last month.
An official at Brazil’s central bank stressed that talks were at an early stage. He also said that what was under discussion was not a currency swap of the kind China recently agreed with Argentina and which the US had agreed with several countries, including Brazil.
“Currency swaps are not necessarily trade related,” the official said. “The funds can be drawn down for any use. What we are talking about now is Brazil paying for Chinese goods with reals and China paying for Brazilian goods with renminbi.”
Henrique Meirelles and Zhou Xiaochuan, governors of the two countries’ central banks, were expected to meet soon to discuss the matter, the official said.
Mr Zhou recently proposed replacing the US dollar as the world’s leading currency with a new international reserve currency, possibly in the form of special drawing rights (SDRs), a unit of account used by the International Monetary Fund.
In an essay posted on the People’s Bank of China’s website, Mr Zhou said the goal would be to create a reserve currency “that is disconnected from individual nations”.
In September, Brazil and Argentina signed an agreement under which importers and exporters in the two countries may make and receive payments in pesos and reals, although they may also continue to use the US dollar if they prefer.
An aide to Mr Lula da Silva on his visit to Beijing said the political will to enact a similar deal with China was clearly present. “Something that would have been unthinkable 10 years ago is a real possibility today,” he said. “Strong currencies like the real and the renminbi are perfectly capable of being used as trade currencies, as is the case between Brazil and Argentina.”
In what was interpreted as a sign of Chinese concern about the future of the dollar, the governor of China’s central bank proposed in March that the US dollar be replaced as the world’s de-facto reserve currency.
In an essay posted on the People’s Bank of China’s website, Zhou Xiaochuan, the central bank’s governor, said the goal would be to create a reserve currency ”that is disconnected from individual nations” and modelled on the International Monetary Fund’s special drawing rights, or SDRs.
Economists have argued that while the SDR plan is unfeasible now, bilateral deals between Beijing and its trading partners could act as pieces in a jigsaw designed to promote wider international use of the renminbi.
Any move to make the renminbi more acceptable for international trade, or to help establish it as a regional reserve currency in Asia, could enhance China’s political clout around the world.
Dane: The World is full of people trying to Save You From Yourself.
LOL
Sneak
The only thing that matters is SEO $10.00 a share selling price. Until SEO Changes that price, It will stay the same. If someone wants to buy ERHE they will have to pay his price or Gamble to see if the Oil in the Ground Warrants a price above or below that number. The NSAI #'s only relates to One Company buying another Companies oil based on the NSAI #'s in order to satisfy the stock holders of each Company that there is value in the deal based on the NSAI #'s. Do not work yourself up over it.
Have a nice Day
Sneak
CVX and Chinese working together.
Chevron to Proceed with Investment Plan in South Asia
by Supunnabul Suwannakij and Leigh Murray|Dow Jones Newswires|Friday, May 15, 2009
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BANGKOK (Dow Jones Newswires), May 15, 2009
U.S.-based oil giant Chevron Corp. (CVX) plans to move ahead with investments in South Asia amid an expected strong economic recovery in the overall region.
"Asia will have the quickest recovery to feed future demand growth. We have strategic locations in Asia to support growth in the long term," Joe Geagea, managing director for Chevron Asia South Ltd., said at a press conference in Bangkok.
"We're not stopping anything in the region. Asia is the engine of growth."
Chevron's assets in South Asia cover Bangladesh, Cambodia, China, Myanmar, Thailand and Vietnam. Production from these assets accounts for 48% of net oil and gas production in Asia. In 2008, Chevron produced 682,000 barrels of net oil equivalent per day from its operations in the Asia Pacific.
Geagea said the global economic downturn hadn't prompted Chevron to delay any of its projects in the region.
"You have to recognize the world you're in, and we're pacing ourselves. The period we were in before was really fast growth; now, clearly that is not the case."
In China, Chevron is pushing ahead with its multibillion dollar Chuandongbei gas project, which when completed will have the capacity to process 740 million cubic feet a day -- all of which will serve the domestic market.
"China is critical for us; we see a market that is hungry for energy," Geagea told reporters at a briefing.
The company recently completed a 3D seismic study of the area and is studying the results. It expects to drill two wells within the next two years.
Geagea said Chevron's Chaba field in the Gulf of Thailand, which has already started production, is also "performing better than expected."
Last year, Chevron successfully drilled 13 exploration wells in Thailand, and it is now working to develop their resources. Chevron is the largest oil and gas producer in Thailand.
Chevron remains interested in expanding its exploration in the Gulf of Thailand. However, a border dispute between Thailand and Cambodia has put offshore oil and gas exploration in the potentially resources-rich area on hold for more than 30 years.
"Clearly there's an opportunity for both countries to go in and see what's there and use those resources for their mutual benefit," he said.
Chevron is also working to extend its lease on Block A in Cambodia and develop discoveries in Vietnam.
"The oil and gas discoveries in Cambodia and Vietnam will be developed once the right frameworks are agreed upon," he said.
Geagea also defended the company's presence in Myanmar, which has been condemned by some governments as showing support for the military junta.
He said Chevron -- one of the biggest Western companies in Myanmar -- helps provide energy security for members of the Association of Southeast Asian Nations through its gas production there. It produces around 705 million cubic feet a day, most of which is exported to Thailand.
"We don't take a political view. As long as we live (up) to our values system and the way we like to conduct business, we have nothing to be ashamed of," he said.
Copyright (c) 2009 Dow Jones & Company, Inc.
Sneak
The early voting on AXC buying ERHE stand at:
Three not us an one More dots please (BB).
Sneak
The early voting has Three not us and one more dots please.
Sneak
RKT: Well you are the first to cast a vote. The Next few weeks shall be fun.
Sneak