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It's nothing personal. I just plain don't like you ??.
Oh and by the way your theory is severely flawed.
Not only would Peter and sylvain loose a substantial investment, their reputations would be permanently ruined and they would be hammer by legal costs and possible criminal behaviour in stealing erhe.
Could they orchestrate a bad deal? Maybe, but they would still be subject to the same problems. Peters a lawyer, he knows better.
Ps- I know I know... The sky is falling. We heard it many times now. Yawn
Ah yes... And here come that falling sky again. No point to stress and whine, your time here is almost up. Good or bad.
It'll be time then to find other falling skies lol
I'm not seeing how they could pull the rug out from erhe and put assets in NGAR without an immediate chit storm of legal action. As you posted earlier they've repeated again and again that there is done form of deal or strategic partner about to enter.
Look at the timing of the RS and NGAR listing... Days apart. No coincidence IMO.
Roll the dice
Terrified for me was watching the sp go sub penny. Then it was the acceptance phase in which the reality of loosing everything had set in. Then I decided to buy more as I there was still a glimmer of hope. Now with drilling a month or so away "quiet optimism" has set in. Hoping for the unbridled excitement of days past.... Just one nice oil find and this wait will be worth it.
Roll the F'n dice already!
As Tryoty just pointed out....
"From their most recent PR: "To take advantage of merger and acquisition interest"
It truly is game time for erhe. Quietly optimistic ??
Ah k. I can't wait to see the "plan" unfold.
This is what I see going down....
Strategic investor has wanted a piece of erhe for a while. They couldn't touch anything on the otc so they decided a plan to transfer the rights to new company (NGAR). After all is said and done they will announce news pre drill and excite the market. They will drill, hit commercial oil and we all get rich.... ??
Given the sizeable investment by Peter and sylvain in erhe and the perfectly timed RS / NGAR happenings I believe it's about to go down within days. Let er rip I say!
Is Peter not part of NGAR? Didn't see his name listed
"Thank God your interest in good ol' ERHC is still unabatedly high"
Seems like we're not the only ones gearing up for drilling! Literally a month or so away.
RS and GNAR happening at the same time. Time to see what's been cooking in the kitchen.
Good ole fashion ERHE slander at its best.....
Condor - "and also that PN and SO already had deals of dilution in place long before they received final approval."
I'll say it again... Isn't it curious that the GNAR listing and the RS is coinciding within a couple of days?
Not a coincidence IMO, a well timed plan in the works IMO. How will ERHE shareholder do?
I'm ready for anything! Let er rip
ERHE is in the move.... News is coming IMO
Don't tell me the timing of this listing with ERHE reverse share (any day now) is a coincidence. This has been very long and well planned out event... which they are heavily invested in.
Time to excite the market Pete and Sylvain, time to show your cards!
Plans unfolding folks!
Thanks King
NGAR officially listed on TSX Venture Exchange...
as of today. Looks like actual trading will commence tomorrow...
NEW GLOBAL ACREAGE RESOURCES LTD. ("RAP.P")
BULLETIN TYPE: New Listing-CPC-Shares, Halt
BULLETIN DATE: January 12, 2016
TSX Venture Tier 2 Company
This Capital Pool Company's ('CPC') Amended and Restated Prospectus dated December 23, 2015, amending and restating the final prospectus dated July 27, 2015, has been filed with and accepted by TSX Venture Exchange and the British Columbia and Alberta Securities Commissions effective July 28, 2015, pursuant to the provisions of the British Columbia and Alberta Securities Acts. The Common Shares of the Company will be listed on TSX Venture Exchange on the effective date stated below.
The Company has completed its initial distribution of securities to the public. The gross proceeds received by the Company for the Offering was $300,000 (3,000,000 common shares at $0.10 per share).
Commence Date:
At the opening Wednesday, January 13, 2016, the Common
shares will commence trading on TSX Venture Exchange.
Trading in the shares of the Company will be immediately
halted and will resume trading on Thursday, January 14, 2016.
Corporate Jurisdiction:
British Columbia
Capitalization:
Unlimited common shares with no par value of which
5,700,000
common shares are issued and outstanding
Escrowed Shares:
2,700,000
common shares
Transfer Agent:
CST Trust Company
Trading Symbol:
RAP.P
CUSIP Number:
64450R101
Sponsoring Member:
PI Financial Corp.
Agent's Options:
300,000 non-transferable options. One option to purchase one
share at $0.10 per share up to 24 months from date of listing.
For further information, please refer to the Company's Prospectus dated December 23, 2015.
Company Contact:
Sylvan Odobulu
Company Address:
1200 Waterfront Centre, 200 Burrard Street
PO Box 48600
Vancouver, British Columbia
V7X 1T2
Company Phone Number:
713 626-4700
Company Fax Number:
N/A
Company Email Address:
sylodobulu@erhc.com
Seeking QT primarily in these sectors:
Mining
Oil & Gas
http://www.newswire.ca/news-releases/tsx-venture-exchange-daily-bulletins-565042021.html
.
That's a possibility, but the higher the sp going into the RS the better IMO. I believe it will get done very soon, I'll bet end of jan
Should be starting to hear some drilling details soon. I'm sure there waiting until after the RS.
Gitt'er Done ERHE!
Very good news for the minnow! Just add oil and we're golden.
Thanks arnim
Washington To Help Kenya Raise $18 Billion For Oil Pipeline
By Andy Tully
Posted on Thu, 07 January 2016 21:32 | 3
The U.S. government says it will help Kenya get the financing it needs to build an $18 billion pipeline from the oil fields in the country’s northwest to its southeastern Indian Ocean coast to help it become a net exporter of oil.
The pipeline would stretch nearly 500 miles from Lokichar in Kenya’s Great Rift Valley to the coastal town of Lamu, and would be an almost impossibly expensive project for the East African nation. Yet there is enough oil there to make the plan worthwhile. The pan-African financial institution Ecobank Transnational Inc. says it has proven reserves of about 1 billion barrels of crude oil.
Yet the London-based energy company Tullow Oil Plc, which already has discovered 600 million barrels of crude in the South Lokichar Basin alone, has yet to begin drilling there because of the persistent low price of oil.
Related: Oil Touches $32 Handle As Panic Takes Hold Of Chinese Markets
In order to get the project moving, U.S. Ambassador Robert Godec met Tuesday with Kenya’s energy secretary, Alfred Keter, telling him that Washington would help Nairobi find the $18 billion it will need to build a pipeline that would move its oil to the coast and, from there, to foreign customers. The initiative is known as PowerAfrika.
“Kenya needs $18 billion worth of financing [for building the pipeline],” Godec said after the meeting, “so one of the questions we are discussing is how we can work together with the private sector and governments to raise that sum, to find ways to make certain that this financing become available.”
Keter said he hoped the U.S. commitment to financing the pipeline would end Tullow’s reluctance to begin drilling in an oil-rich area and help the Kenyan government keep its promise to modernize the country.
Related: These Two New Sources Of Financing Give Hope To The Energy Industry
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“Commercially viable oil reserves were discovered in 2012 [in Kenya],” Keter said, “but to date nothing has happened, which makes Kenyans wonder what happened. We are confident that the PowerAfrika initiative will help us realize our pledge to Kenyans.”
Keter added that his country is eager to get begin producing oil. “I think that that we need to fast-track this project so that we join the many countries who are exporters of oil, and so that we can lower the cost of fuel in the country,” he said after the meeting with Godec.
Related: Petro Currencies Under Fire As Oil Keeps Sliding
Godec agreed, saying the United States also hopes to help finance of Kenya’s capacity to establish a grid to generate and distribute electricity more quickly to meet the country’s growing demand. The two sides also are discussing how they can cooperate on extracting oil and transporting it to customers.
Although oil was found in Kenya in 2012, the country is in a race with Uganda, its neighbor to the west, which discovered oil in its territory nearly nine years ago. The two countries are vying to become the first in their region to become a net exporter of oil.
By Andy Tully of Oilprice.com
.
Martin tiller
http://oilprice.com/Latest-Energy-News/World-News/Washington-To-Help-Kenya-Raise-18-Billion-For-Oil-Pipeline.html
.
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Very reasonable expectations IMO. With the kind of dough Pete and Sylvain put out I'd imagine there expectations are at that range and up for sure. Time to giddy up!
I think that's a fair outlook. I really don't see being that big of a feat to get back into the old range (.01-.10) around drilling, especially with a reduced share count. This thing flew when we had 700mil shares so with only 30 million anything is possible if the excitement is there. With a commercial strike.... We'll that's why we signed up in the first place
Quietly optimistic.
I wouldn't doubt that either. Its game time for ERHE!
Looks like some movement with NGAR, interesting its aligning with the RS? Thanks King
Another amended prospectus filed...
by New Global Acreage Resources on December 22. Now looking to raise a minimum of $300,000. Still by January 23, I believe.
http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00037307
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Unreal... Even just a hint of positivity regarding ERHE and the negativity campaign is in full effect.
Beyond old at this point. We need to get drilling!!!
Is that the sp starting to rumble I see?
Let's hope those are some seismic ripples of something bigger in the works.
Timing is right, pre RS, drilling coming in a matter of a couple of months. If there are any moves by the company to be made bows the time
Fingers crossed
I agree! My hope is 2016 will be the year ERHE longs get the last laugh.
Fingers triple crossed for a commercial Kenya strike!
Happy New Years all!
Sounds good AA> Looking forward to finally seeing some ERHE success!
They know something is coming....
SO keeps on buying. Thanks globaloil
New Form 4 from SO...
It looks like SO is purchasing more shares, including 3.14M shares since the R/S vote on 12/15. Methinks that means further dilution via CD financing following the R/S is not happening.
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Thanks to the multi year, intensive negativity campaign, its turned away any new possible investors and longs from these boards. Congrats on a job well done!
What this does is create an opportunity for those who are smart enough to see the value that this "fear-gap" has created.
I believe once ERHE is in the spot light again as drilling approaches, fresh new investors will do the simple math and bring the value to where it should be.... and especially after drilling and/or a discovery.
SO.. I guess I have to thank those who have worked so tirelessly on achieving this "fear-gap". Its given me the opportunity to potentially see huge profits here. Thanks SSC!
I know, it's incredible how undervalued Erhe is at this time. An opportunity at these prices for sure!
Cash on hand, drilling in a few months.... I dare anyone to find an investment with more short term upside!
Can't temper my excitement.
Bingo!
Temper this......
Absolutely. There's a reason Pete and Sylvain loaded up!
Let's hope drilling unlocks the value here. A discovery would be massive as there will be far less shares for new investors. Easily be in the dollars with any discovery
It's still the same value, just less shares.
Undervalued!
So looks like we got around 4 mil for the sale of the EEZ block. Interesting, that's about what our market cap is worth. So basically all of our other assets aren't priced in at all.
Severely undervalued Folks.... nothing that we didn't already know!
Mickey Rourke too!
The potential is there, I'm just hoping for a little something extra from the company to make Erhe more attractive pre drill... Either on more solid footing ie cash, deal or some kind of positive event.
Sure a shiitake the run up won't come from the longs on these boards
It was from Arnim.... His English is a little fuzzy sometimes.
The point is discoveries are being made in Kenya. A discovery for this little company can have massive effects to the sp. just a reminder of why we're here.... Or have been here for so long.
This is why we're waiting folks!
Thanks Arnim
the new oil find of Tullow in Northern Kenya , let jump the market Kapital of Tulluw ....about 15 000 000 000 $ the last days
5 % OF THIS VALUEJUMP WOULD BE ALREADY ENOUGH FOR US....25 Cents per share with 3 Billion outstanding ............OUR DRILLING IS ON THE WAY
http://www.cityam.com/230902/tullow-share-price-jumps-after-it-finds-oil-at-well-in-kenya
Replies:
“Maersk Oil/ a 25% stake from Africa Oil
arnim-v-b on 12/21/2015 5:06:54 AM
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Don't worry stress and whine.... Everything's going to be alright. Uncle Peter will take care of us!
I'm sure! Somebody must have been there tho? No company recording or minutes?
Unreal.Was nobody else there?
Thanks Brez..... It's game time Peter, time to sink or swim for the Minnow.
Time to show your cards!
So... Any word?