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FWIW We're Staying Above All 3 Moving Aveages
O.T. China is hoarding crude at the fastest pace in at least a decade, shielding itself from supply disruptions and helping keep prices above $100 a barrel.
The country imported a record volume in April as it emulates steps taken by the U.S. in the 1970s to create a strategic petroleum reserve, government data show. Chinese President Xi Jinping is building stockpiles as his nation clashes with Vietnam over resources in the South China Sea and faces potential risks to oil sales from Russia, Africa and the Middle East because of sanctions and violence.
http://www.bloomberg.com/news/2014-06-11/china-s-record-oil-hoarding-seen-keeping-crude-above-100.html?
Based on its current understanding of available data, ERHC estimates the un-risked resource potential in the two focus areas in BDS 2008 to be 250 million barrels of oil equivalent (MMBOE).
I Speculate SNP Was Hoping ERHE Would Be Dead & Gone By Now. So more profit for them. That's why they've been foot draging these oh so many years.
The Way This Stock Trades It Seems Inside People Are Being Allow To Accumulate. Tiny trades (100 shares) bring the stock up and large (500,000) buys brings the stock down.
Tos: Scroll Down To Bottom Of Page. In Red letters on the right hand side you will see... "Report TOS Violation". (I'm sure the oily one used this a lot). You can report someone using cuss words, trying to sell shampoo, off topic, etc.
The Oily One Has Quit & Come Back Before. So he might just be taking another vacation.
I Wouldn't Bet 1 Share Of ERHE Either Way.
Game Of Wac-A-Mole On The Other Board. One Mole put his head down and a new one's head has come up.
Beautiful Day Here In CA. & Someone On The Other Board Just made It Even Better. A very good Omen for ERHE.
ERHE Home Base Is In Texas, Where Spring Starts Tomorrow.
Motoroil spends his days finding (making up) things wrong with ERHE. If he actually owns stock in HDY we should spend time on the HDY Board finding fault with his stock.
I'm Still Amazed How Large Purchases Take The Stock DOWN.
Wow! And I thought they had such a great management team & ours was so rotten/stupid/worthless/incompetent?
They're Crying Over Their 58% HDY Loss Today, So They Couldn't Make It In To Work.
Mark Govols. His tag team partner, supposed to be his father & would tell us how honest his son Mark was, his name was Orange. We were told he knew that someone was going to buy every share that he could get, that was under a dollar.
So Buy On The Rumor, Sell On The News?
Pretend For A Moment There Is NO Leak, NO Meat. Just tax sellers getting back in. Look at the chart for the last few months. 1, 2, 3 Million share days. Sellers bringing the price down and staying around a nickle. Now .5 M shares days snaps us up to 8 Cents. Again look at the chart, if even 1/2 of those sellers are going to buy back their shares, we'll be going to 12 to 20 cents without a problem. Now throw some Meat on the Bar B & 30 to 50 cents sounds about right.
Speaking Of Charts, We've Broken Through The 200 Day Ave.
75% Increase In Less Than 2 Months. Plus everybody had a chance to lower their cost average.
I'd Buy 500 Shares Tomorrow @ $.15, If I Thought It'd Help.
The Only Thing That Board Has Over This One, Is The Chart.
So With High Volume MMs Kept The Price Down Around $.045 To $.05. Now with very low volume they are trying to push the stock up (to $.057). Go figure.
You Think They Didn't Hire Oiliphant?
I Think One Of The Smartest Things ERHE Has Done, Is The Person They DIDN'T Hire.
Africa Oil & Gas Summit Monday, Peter N among speakers.
I Have Discussed The Same Thing With My Psychic, And She Concurs. She has even been buying. She says this is the best return on your nickle you're ever gonna get!
Ferab; Sorry I Don't Know. I just remember from before he had this Big Secret. And he teased us, I know something you don't know. When we finally got it out of him he told us big news happens after 3 day weekends.
Joe Shae Used To Tell Us Big News Comes After 3 Day Weekends.
Fingers Crossed.
Appreciated
Irregular Trading. Put my buy limit @ $.052, got filled @ $.05 Grateful but confused.
Funny
This Morning I Was Above The Ask @ $.0535 Later I dropped down TO the ask ($.05) Never got filled. Go figure. And this morning larger chunks than mine were going for less than my bid. I just don't get it.
An American oil and natural gas company is set to earn millions from the sale of a stake in its northern Kenya exploration block.
ERHC Energy, which is a Texas-based public listed firm
http://www.businessdailyafrica.com/ERHC-Energy-earns-millions-from-sale-of-Turkana-oil-block-/-/539552/2139184/-/nnmln8/-/index.html
Tip Of The Hat To Kingpindg
Chocolate From Sao Tome. Got an early X-Mas gift, was surprised to find Sao Tome Chocolate.
http://www.pinterest.com/pin/262334747017101397/
http://www.amazon.com/Trader-Joes-Chocolate-Passport-Single/dp/B00ADG744Q/ref=pd_sim_sbs_gro_1
I DO Wish He Was Still With Us Today.
Our Partner Agreement Is In The Hands Of The Kenyan Government. It's their call when to release our news. Would lead one to believe that they are doing the buying. Our Government does the same thing. They buy property and then allow a road or shopping mall too be built.
Once Again A Large Block Goes Through @ The Low. Couple of weeks ago I couldn't purchase when I was above the ask. Somebody special is getting shares on the cheap.
Justintimer: Thanks For Putting Us Over The 50 Day Average.