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Maybeeeeeee! To Funny. I seen that yesterday, someone bought 14 million shares just like the day before as Seek pointed out.
My first thought was maybe it was the same person and they were responding to D.G.'s comment about being "that Poor Sole" and being "Trump like", that person simply "Double Downed"! LOL!!
In any event, the clock is ticking on the MOU with Starcrest. If this agreement fails, it could be the final chapter in the ERHE saga or it could be the start of wonderful things to come for All the ERHE longs and new investors.
Just the way I See it.
ERHE Warrants - ERHE(W).
Energy
Resources
Heading
Eland's
Way
Sneak
I seen that, for the stock to rise, some investors maybe gain faith in the final outcome of the MOU between Starcrest and ERHE. This fact is undeniable with the upward movement in the share price.
This maybe only the beginning of things to come with ERHE.
Could an AIM listing for ERHE, now be in play?
Sneak
Way to Funny! 50 shares would only be .005 of one penny, so this looks like a market maker balancing his books. Painting the tape Red if you will.
No body knows for sure what may come of ERHE Debt or hydrocarbon property rights.
Could SEO be a Generous type of guy and allow ERHE to acquire a small part of the proven reserves of OML-40 and Thus a small part of the hydrocarbon revenues of that oil block as well and thus this would also allow ERHE to gain access the London Stock Exchange and away from the pink sheets.
or does ERHE Crash and Burn as no deal could be achievable with all the Debt.
What ever happened to Cespa? They have not proceeded with legal action against ERHE for the money they are owed for the Kenya well they drilled.
Could Cespa be willing to drill another well in block 11A, forgive ERHE of their debt and accept a larger percentage of the revenue from block 11A in exchange for avoiding a prolonged legal battle? HMMMMMMM.
In any event it is T - 5 weeks and counting unitl the end of the MOU with Starcrest.
Have a Wonderful Weekend boys and girls! School is now closed and thus ends today's lesson!
Sneak
Wow, it looks like someone is trying to corner the Market in ERHE stock today with that 50 share purchase.
Middy, was that you? LMAO
Sneak
The MOU agreement is nearing completion. Since Peter is no longer going to be a speaker at the African Conference, three things come to mind.
1) ERHE is to broke to attend.
2) Peter no longer has a job on the 28th of Septmper 2017.
3) Peter is to busy working out the final details of the MOU and needs to lend his expertise in closing the deal.
So as it would appear that ERHE may be heading into the sunset of its existence or heading into the sunrise of a broght new future.
Only time knows for sure. Sell, Hold or Buy.
That is the question?
Since the MOU was signed May 1st of this year and allowed about 6 month to complete the deal or walk way.
There seems to be between 2 weeks to 6 weeks left.
Just how I See it, how about you?
Sneak
DG, Thanks for the Good news! I am Glad that you and your Loved ones are doing well.
My family and I were quite fortunate as we did not lose power at home and had no damage to the property.
My business lost power in Oakland Park for 3 days and no property damage as well.
Impact windows work Great!
Wishing you well in the days ahead.
Sneak
Same Old, Same Old Here. Good News About ERHE, Not Welcome!
Just How Most See It. Facts Are The Facts.
Sneak
It looks like Naples FL got destroyed. Let's all hope that DG and his loved ones are OK.
Sneak
No way, I am sorry to hear that DG, My families Prayers go out for your family and Loved ones.
I am hoping the storm keeps drifting west as the eye is the most dangerous part of any Hurricane.
May God be with you and your family and all the people of Southwest Florida.
Sneak
Looks like the storm is making a beeline between Everglades City and Naples Florida.
I have not seen DG posting, so I hope left the area. I wish him and his loved ones the best
Sneak
Well DG, I take back every ill gotten word I may have posted about you.
We surely dwell in some of the same space in life. I reside on the opposite coast in Ft. Lauderdale and have hunted in Big Cypress and was in a hunting lease from Alico just south of LaBelle.
It looks like you are squarely in the eye of the storm. You and you loved ones take every precaution you can and please leave the area if need be.
Wishing you and your family the very best and be safe friend.
I only get one post per day, so forgive me If I do not reply back.
Sneak
Irma is the Biggest and Baddest Hurricane ever to developed in the Atlantic or the Caribbean since record keeping began
If Irma passes through the Florida Straights, All of South Florida and its Residents can thank their collective lucky stars!
The U.S. does mot need another Texas type event. My prayers are with the people of Texas and South Florida.
God help us All!!
Sneak
Sorry, No details for the nonbelievers in a successful outcome for All of the ERHE shareholders.
Just How I See It!!
Sneak
ERHE is headed for the Big "E"!!
Just my opinion, so please do your own research as I could be wrong!
Sneak
T-61 days and counting!!
This Halloween should be very interesting indeed for All ERHE Longs and those who purchased "Delusion Insurance"!
We should All give a special thanks to the Deloitte Capital Management Division, Peter and his Management Team!
Let's Go ERHE!!
Just as I see It, so please do not believe Me, do your own research, as I could be Wrong!!!
Sneak
oldoil, I must apologize for leaving out the word "Ball" in yesterday post.
As to continue with yesterdays post, ERHE should be riding high on any deal with Starcrest that would preserve the continuation of operations as we know it at ERHE, with smaller overhead and bigger opportunity to achieve their long lasting employment with ERHE and a chance of delivering considerable value to All of ERHE shareholder regardless of their views of current management. One should get ready for the Big Dance!
Just how I see it, so please do your own research.
Sneak
Yes, indeed sac, we will take up that motion during are next E-mail Conference Call. Oh Ya, to bad for you as it would appear you are not in the Circle of Trust and have not been asked or invited to the Conference Call.
Me, Oldoil and the Boys will enjoy Conference.
Sneak
For all the ERHE longs, at this low price i find that ERHE is "Simply Irresistible"
Watch "Mix - Robert Palmer - Simply Irresistible" on YouTube
Mix - Robert Palmer - Simply Irresistible:
I gave you the Cipher and you do not have an Enigma Machine?
To bad for you.
Sneak
Here is what a deal may look like:
(A)×€~¥~4°-?{7}•~3×#@1.20=5×I
Just my opinion, so please do your own research as I could be Wrong, YET Again!!!
Sneak
Could This be Pete's Fair well Song as ERHE moves on without him?
Seek, Thanks for the update, however that is old news. I have a subscription to AEI.
So, let see, we were all told that the JDZ was full of "Fart Gas"! Exxon does not seem to think so. Block5 and 6 holds the Mother Load and Exxon only wanted to be the operator to drag out the JDZ development in my Opinion and i am glad the JDZ council seen right through their intentions.
The U.S. Big oil is behind all the trouble ERHE has had in the past, including the issuance of block 5 & 6 of the JDZ as the operator of these blocks were the Iranians and U.S. firms were barred from doing business with Iran, Hence the blocks are in arbitration.
Sneak
ERHE did not get on the AIM before for several reason and it had nothing to do with SEO in my opinion.
ERHE had No proven reserves, No hydrocarbon revenue, No large Capital reserves, No real oil management leadership and most of all, No ability or experience drilling for hydrocarbon especially in deepwater.
The fact is that other small Real oil companies with proven reserves, proven managerial leadership and previous drilling experience with cash reserves and listed on the AIM and other exchanges have bit the dust and folded in this very risky business of the oil industry.
In my opinion ERHE for the most part is a Real Estate company with valuable assets masquerading as an Oil Company looking for someone to drill, find oil and carry them or foot the billing until profitable so they could make millions and that my friends will never happen as any partner would rather having paid for everything would rather make All the money for themselves as this is a very risky business where today you are a winner and a few years later you could be a loser if oil prices sink and you can not pay your debts.
As far as the UK not allowing SEO to gain access to the AIM, one only has to look at Eland Oil who has formed a joint venture with Starcrest called Elcrest where Starcrest or SEO controls 55% of Elcrest and the Nigerian Government controls 55% of OML40, so much for not trusting the Nigerians and SEO.
Just my opinion, so please do not believe what I am saying. Please do your own reseach as I may have drifted along way from the Plantation of "Following the Herd" and popular view points and opinions of most investors in this stock.
Sneak
Oldoil: I hope the email was informative and helpful in what maybe the course of action that ERHE will be taken very soon.
Please be mindful that this is but one of the many possibility that could be in store for ERHE shareholders in the near future.
Peter and the ERHE management team along with SEO and Deloitte and other advisers could be on verge of a very significant financial breakthrough that could have ERHE resurrected from an almost certain financial collapse and thus it's most certain death to a very historical and prestigious listing on the AIM market in London.
That is just how I see it, so please oldoil and members of this board do your own research as I could be wrong!
Have a Great Weekend!
Sneak
Do we see a typical Friday sell off in ERHE or do we see some continuation of the buying of ERHE shares which seems to have been taken place this week?
Just watching and waiting for any signs of life or the death rattle as some of the pundits here would seem to prefer.
Let's Go ERHE!
Sneak
Well it would seem ERHE continues to tread water after the latest financial report is out.
All that death talk is just that all just one's opinionated talk and nothing more.
The money owed to Cespa goes uncollected with no legal action to take place. Just like the convertibles shares dtill go uncollect an in default. The IRS has done nothing to collect the money, so it wouls appear it is business as usual with ERHE.
They seem to have more lives than a cat!
The MOU with Starcrest is just around the coner.
Giddy up little minnow!
Sneak
Looks like someone keeps nibbling on the Apple.
Volume is up yet again.
Someone is gathering up shares quietly.
Just my observations.
Please do your own research work as I could be wrong.
Sneak
Looks like someone was Nibbling at the Apple yesterday!
Just a Visual Opinion. I could be wrong so Please due your own research!
Have a Wonderful Day! :0)
Sneak
Stock could be on the move very soon!
Just my opinion, so please do your own research as I could be wrong!
But for me, I do not Think sooooo!
May be it is just me.
Sneak
Longtime, I have been very busy and just seen your post. My family and I are wishing you a speedy recovery and the best of wishes for you and your family. May Team Jesus be with you.
Sneak
For the life of me, It is hard to tell you who gets the worst press or news daily?
President Trump or ERHE Shareholders?
One can hardly tell the difference.
I am waiting for an ERHE rebuttal from Fox News! LOL
Just how I See it!
Sneak
Laugh away, all you want. When this ship set sail for better capital markets, most will be looking to buy a ticket for this cruise and will be surprised that it is All Sold Out.
Those are just the facts as I see them, but please do your own research as I could be wrong, not that any of the board's Jesters would ever tell you the Truth!
They only blame management for their bad investment is like blaming misspelled words on their Pencil, is that not Right "DG"?
Sneak
Well, Well, could ERHE be heading to another Exchange?
Those in the know, know best!!
Just my opinion. Do your own research as I could be wrong, but I do not Think Soooooooo!
Sneak
Big changes may be coming to ERHE.
Please do your own research as I could be wrong.
Sneak
oildoil, It is a good thing that the ERHE Management Team has continued to have a Tight Lips about the Companies Operations and the path forward as those here would have been Blasting Away at any progress that Management could be Trying to Formulate.
The Stealth like Management position is well received by this Investor.
The IRS Lien and alleged Cespa debt is very small potatoes when one looks at the Hard Work management has done in righting this ship despite the daily attempts by those who have fallen out of favor with this company by trying to sink this ship with erroneous Opinions that hold very little truth about what waits ERHE long term shareholders who continue to refute the opinion of the Nay-Sayers.
Just how I see the facts!!
Long and Stronger than ever!!
Go ERHE
Sneak-Attack
To those who thought that the JDZ block 2 was dead, boy were You Wrong!!
If this was a Chess Game, I would declare to the Nay-Sayers, You are officially in a Check position on the game board!!!
You know absolutely Nothing!!
Just more Facts as I see them!!
Sneak
The clock is ticking. Star-Crest ERHE XOM working on a Deal!!
Could the JDZ be a Giant Gas Field?
What could Exxon want in the JDZ?
I could be wrong, please do your own research.
Sneak
Could XOM be Eyeing Pre-Salt formations in the Sao Tome EEZ?
Giddy Up!!!!
Nice food for thought!
Sneak
Yes indeed it is a another day in the life of ERHE and yet just like yesterday and the days before that and into the future of the days yet to come, there is Absolutely No Movement by Creditors to Collect this Debt.
It looks like All this Debt may be written off just like SNP'S JDZ debt. This IRS debt could be written down to a small settlement.
Could XOM be Eyeing the entire JDZ?
Who really knows for sure as only time will tell!
Just Food for Thought. I could be wrong so please conduct your own research as the money you invest is absolutely yours!
Have a Great Day!
Sneak
Some can not see the trees for the forest.
Debts and liens do not find resolution and settlement on their own just because they exist.
They go through the legal process and since no motion has been filed in a court of law, the whole issue is mute!
In keeping with the spirit of Kroms last post,
"Talk to my Exxon as my Head is Tired"!
Please conduct your own research.
Sneak