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I have millions of shares ,all of which I bought in Canada !
: Every penny is $25 million dollars that ERHC has to show as profit or anticipated profit..
:
You seriously discount the exuberance of the ,market !!!!
Hey bear dung - ding The shorts can hardly cover when there are no sellers. Duh
I see that the Shorties have gotten out of their cages again ! It is going to be soooo entertaining
when the smoke begins streaming out of their butt holes .
And for the last couple of years it was understood and repeated over and over that ERHC was the owner
of block 4, And now they may get a part of the block if the other companies plays fair ! An amazing 180 degree turn around ! And the triple zeros in the stock price makes sense.
Ntephe ,for his non communication to the shareholders should clearly be hung up by his testicles from the nearest tree branch !
How did things get so screwed up ? For a very long time it seemed to be a given that ERHC won the court battle and was the owner of block 4 !!!
Again this is obvious that Ntephe could and bloody well should clarify ERHC's situation in all matters. ERHC is not a private company owned by himself and Offor.
You say horse traded- How about straight up cash for Ntephe and Offor ?
We are talking about Nigerians who would not do anything that would benefit shareholders, only themselves.
Ntephe should be incarcerated for his lack of communication with the shareholders of a publicly traded company !
Would you please elaborate - ie what in particular did you disagree with ??
Yeah there is its- " That someone shot themselves in the arse" !! lol
Wow! the terrified Shorties are all lined up and squawking like roosters, every day now !!! lol
Yes very correct . And the many repeats of those 4 paragraphs do show a high level of desperation.
Sounds good !
Do you have anything at all about ERHC or just the usual rant against real investors. I do believe that your
fear is obvious and amplified by the day ?
As always nothing about ERHC - just attacking and insulting other posters. You have nothing
to add so just crawl back into your hole !!!
Sometimes it's helpful to reread the information that we do have as opposed to rehashing a lot of speculations. "The National Petroleum Agency of São Tomé & Príncipe (ANP-STP) on behalf of the Government of São Tomé and Principe has awarded ERHC Energy 100 percent working interests in Blocks 4 and 11 of the São Tomé & Príncipe Exclusive Economic Zone (EEZ). The ANP-STP has indicated that it expects to invite ERHC to negotiate Production Sharing Contracts (PSCs) on the two Blocks in due course. In addition to the two Blocks already awarded, ERHC has rights to acquire up to a 15 percent paid working interest in two additional blocks of its choice in the EEZ. The ANP-STP has informed the Company that selection of these other blocks will take place at a later date to be determined.
-Summary of the Hydrocarbon Prospectivity of the Sao Tome and Principe EEZ: http://www.anp-stp.gov.st/eng/docs/BGS%20-%20Summary%20public%20report
-Link to PGS report on the EEZ. PGS conducted a 2D seismic study on the EEZ: http://www.pgs.com/upload/29425/a3_flier_saotome_eez_lowres.pdf
Possible Resources/Reserves
The following links offer some general estimates of STP/EEZ hydrocarbon potential. It is unknown at this point whether the EEZ is mostly oil bearing or mostly gas bering, but most of the following claim it contains between 4-10 billion barrels (but there has been speculation of even higher numbers).
http://news.bbc.co.uk/1/hi/world/africa/3070813.stm
I put in a buy for 100,000 shares at .001 but nobody selling .
All those shorts, who stole money by selling honest investors shares ,all lined up like this, if a pretty ugly sight. !!UGH !
Block 4 is relatively close to the islands where oil is bubbling up out of the ground.
ERHC - Block 4 + joint development zone ~
This site is supposed to be about ERHC and not a platform for you to insult and demean other posters who actually make a real contribution !
What are chances',as suggested by the zero percent communication with the market, that Offor and his sidekick Ntephe have as their long time plan is to continue pushing ERHC into the gutter so as individuals they acquire ownership and sell block 4 and the other assets and voila all the cash goes into their filthy Nigerian pockets as opposed to a benefit of shareholders !!!
Offor is a $billionaire so who or what is going to stop them ?
Here we go again -ssc and his lame, grade school, name calling. Grow up !!
Thanks King your posts are always substantive and helpful l
11
ERHC has a 100 percent working interest in Blocks 4 and 11 of the São Tomé and Príncipe EEZ free of signature bonuses. EEZ Block 4 totals 5,808 square km, situated directly east of the island of Príncipe. The northeastern area near EEZ Block 4 contains a large graben structure, which is bound by the Kribi Fracture Zone. All images are from the National Petroleum Agency of the Democratic Republic of São Tomé and Principe.
You are a moron if you don't admit to making typos. In fact I've seen you make more than your share
of miss spellings and poor English.
Nwtf you've got nothing so you keep posting the same old drivel every day !
Can you say BLOCK 4 ?? lol
Proof ???? You shorties prove it daily as you live on this site bashing the company !
Can you say Block 4 ? lol
Yeah sure buried so shorts like you can rush all the way to the bank and would never need to cover, So incredibly transparent Mr little Bear,
What needs to be done regarding Ntephe is for stock holders to initiate a class action suit for failing to do his job, taking $ millions out of the company coffers and for a failure to communicate with shareholders. This should shake him out of his $$ million dollar mansion in Texas !
Ntephe does not file a financial report because he is terrified that shareholders and the market will find out just how much he has pilfered from the company coffers.
This issue is begging to be resolved in the interest of the current shareholders.
No arguments here ! Ntephe could have and should still file the necessary documents with the SEC.
This would make a huge difference and probably allow ERHC to be traded on the US markets. Very difficult to understand why they would not do that ???
Yes 7 ! These bearish birds are conveniently ignoring Block 4.
That was nwtf desperately trying to cover !!
What is not fictitious is that ERHC owns hundreds of acres in very oil rich territory off the west coast of Africa and is a prime target
for a buyout !
Eight hundred pennies coming our way . Better cover asap if you can find someone stupid enough to sell. lol
BUT how many dollars do you have slogged away from selling someone else shares that you very soon will have to give up, plus a whole lot more, when the short squeeze very soon begins !!
Either you are long or short and clearly you are not long. That only leaves one to choose from. lol
You and your short compatriots prove every day that there shorts ,by your posting here ever day!!!
Denial is marvelous self preservation !
When the shorts are backed into a corner they will be forced to pay any price to cover !