InvestorsHub Logo
Followers 0
Posts 17
Boards Moderated 0
Alias Born 08/24/2003

Re: None

Saturday, 03/11/2006 5:07:05 PM

Saturday, March 11, 2006 5:07:05 PM

Post# of 361984
This really could be a book or maybe a TV series.

There are so many intertwined agendas playing out that short term visibility of ERHE sp is very limited at best. Some things however appear, to me at least, much clearer.

There IS a geopolitical battle going on for the GOG oil and SEO is a big player in that battle.

The AG report, and the withdrawal of Devon, Noble, and Pioneer has been the big STICK to invalidate ERHE.
Response - SEO has sided with China, Addax, Indians, and Nigerians.

It appears that the recent political destabilization of Nigeria may be damage caused by the US STICK.
Response - The STICK is failing to prevent the third presidential term movement and has pushed Nigeria towards China, India, and Korea. Further attempts to destabilize may unleash chaos in Nigeria that is counterproductive to US interests.

It certainly appears that US interests attempted to use the market as a STICK to beat down ERHE sp.
Response - The new CEO and talk of moving to the AIM is a threat to remove the sp STICK from the hands of the US.

US and big oil want control of the JDZ oil. EO is part of a larger Nigerian plan to not lose control of its oil industry and to change the way that the oil resources are developed in order to help Nigeria instead of saddling the country with debt. EO hasn't shown any intention of selling out.

I believe that the US plan to gain control of the oil is to isolate EO's financial wealth to ERHE - His airline is gone, his bank is gone, his Chrome port plans onshore have been blocked, his ERHE share price and its image have been sharply attacked but he still did not sell out.

So now what? Use the PRIZE.

EO has 340 million shares of ERHE. I assume a relatively small number of 'controllers' have a large percentage of the remaining shares, leaving a fairly low float and explaining why we have seen so many low volume days in the hundreds of thousands over the past year or so. There is a LOT of money to be made by large US holders AND EO's holdings could be worth 10s of billions of dollars. EO could see ERHE move to the NYSE and strengthen his need for power. Now the US could control the oil by controlling his wealth through the US Markets and the US/SEC "oversight".

Just stringing the WAGs together