Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
ts3221, that is one of the points
I was trying to stress. Iroquois Capital filed for a planned sale on 23-May-2005, ten months ago. Why is Joe concerned about this BS? I think walldog0 has the right answer!
Whoops, meant early. eom
A quick internet check shows that the Principal of Iroquois Capital LP, is Joshua Silverman, a managing partner.
The Principal of Vertical Ventures LLC, is Joshua Silverman, a managing partner.
Joshua Silverman has sole voting and investment powers over the shares owned by both companies.
Insider & Form 144 Filings show that Iroquois Capital LP had a planned sale of 226,388 ERHe shares dated 23-May-05.
Cranshire Capital LP, did have a planned sale of 1,922,576 ERHE shares dated 7-Mar-06.
I didn't find anything about Vertical Venture's sale of ERHC.
I don't know what Joe's point is in bring these sales up.
It looks like his dates are wrong on some of them and it is a non-event anyway.
I would say that these folks sold way to eary.
Agreed.
But the oil still has to be found, pumped and delivered.
We are all betting that our company will be able to do all of this.
Just like people that bet on the dot.coms
Best wishes and riches
"There'll be time enough for countin', when the dealin's done!"
There were a lot of instant dot.com millionaires in the early and mid '90s. Many of them rode their stocks all the way back to zilch and lost the paper millions. Greed was their problem, thinking there would be no end to the "easy" money.
Don't let greed rule your common sense. jmwag
Thanks Mark.
I would expect CVX to announce their find prior to the JDA's announcement.
CVX will want to keep the find as low keyed as possible, especially if they are talking to other players.
I would expect CVX to announce after NY close or sometime this weekend.jmwag
Side note: I notice that "Joe" is always quick to slam the posters on Ihub, but he is just as quick to post Mark's updates and other news that he "finds" on this forum! Giggling out loud!
CVX preping John Q. Public for the
big find in Block 1 and the take over of ERHC!
There is a reason that there hasn't been much PR from ERHC.
Secrecy is the name of the game while the agreements are being signed. CVX will ace out sinopec. Won't be all that bad for ERHC shareholders. jmwag
Chevron Gives Up Nigerian Oil Exploration
block (OPL)250.
This was from Reuters, Mon Mar 20, 2006 7:28 ET
Maybe this will free up another deepwater rig for the JDZ.
Just the way CVX wants it
until they accumulate the max shares of ERHC that they are able to purchase on the open market. jmwag
CVX probably had a
hand held GPS with low batteries, giving them faulty coordinates, drilled 1 mile inside of block 2 and don't want to tell anybody. They'll probably just plug the hole and go away!
It says
that you made a good buy. The weakings are getting spooked and bailing. Why, I don't know.
We still have the best news yet to come, imo.
If CVX makes an announcement of a huge find in BL1, ERHC stock should move up on that news alone.
I also agree that ERHC needs to start an extensive PR campaign, the sooner the better. jmwag
Platina, believe it or not, I still use that old tractor almost every day on my ranch! Just kiding about pawning her. Would rather sell a kidney on e-Bay!
CVX awarded two blocks
offshore thailand, per CVX website. Would be nice if they announced BL 1 JDZ, tonight.
A great buying opportunity!
Gonna pawn my 1949 Farmall tractor tomorrow so I can buy more ERHE!
Cost to much tuh feed 'em! eom
I take that as a good sign!
Remember when he bailed out at .63 and then bought back in at the .80's? Should now go to $1.07 today!
YEP! The buck won't stop here!eom
OK Chevron,
your turn! Get off your gas and spill the beans!
Double GASP! eo double gasp!
Market acceptance for ERHC
will come when CVX FINALLY announces their find in block 1.
If block 2 is signed tomorrow, look for CVX to announce the find shortly thereafter. The overlap into block 2 will put ERHC into the league with the big boys! JMWAG
GASP! eo gasp!
I second that.
often we are quick to criticize and slow to show appreciation.
Hopefully, Meridian
spiked the punchbowl with vodka/diet coke, then these guys would sign everything including the tablecloths.
I have a good
feeling about it! I have a sell order in for $63.63. Gonna give Joe a chance to buy back in!
May be the
fishing rights haven't been hammered out yet!
If block 2 is signed today
a major win for us, I would say!
I guess that there won't be any updates
coming from Brandhuber anytime soon since that statement was dropped from the home page of ERHC's web site. It was there yesterday, but gone today.
Why would you name
an energy company after a tractor company? (Massey Ferguson)
Meridian Resources, please!
Mark, I sure hope
you let us know that an announcement is forthcoming about a huge find by CVX, somewhere off the West African coast! But don't tell Joe, he'll be announcing it in the next 5 minutes!lol
Meridian, I would assume
that security would be very tight for the various speeches and signings on the 14th.
A disruption of any sorts by the militants or others, could really put a crimp in the festivities. Any comments? tia
A full moon
on the 14th! All is well! Then St. Paddy's day on the 17th, even better! There will be a lot to be thankful for. Best wishes to all! I might even try a vodka and diet coke!
bb, thanks much for your response. It's folks like you that make this board so informative and educational! Much appreciated! G
bb, my apologies if I missed it, but what announcement or documentation states that Sinopec is the operator in block 2?
The last info I could find was an announcement on 8-Feb-06, of an MOU between ERHC and Sinopec for Block 2.tia
They feel that
a staff of three is enough to perform an hostile take over of CVX!
Thanks mrogop. You are helping my education in the world of oil.
I am an "old timer' in the precious metals arena, but fairly new to the oil game.
I appreciate the excellent info from all of the posters on this site. Thanks to all.
1.378 mil shares traded after hours for CVX eom
Bring up PR Newswire, Mark. Or CVX's website.
CVX reports successful results in five locations offshore Angola. Now, they could do us an favor and report their success in Block 1 JDZ!
Go to the JDA website and click on contacts. You will find a phone #, fax # and e-mail address.