InvestorsHub Logo
Followers 0
Posts 2947
Boards Moderated 0
Alias Born 03/13/2005

Re: None

Wednesday, 04/05/2006 11:16:09 AM

Wednesday, April 05, 2006 11:16:09 AM

Post# of 362422
Why are we still above .80? Dont you people understand that there will probably be no production from the JDZ until 2010 at the earliest? How is the company going to survive until then?

I wonder what Emeka Offor and Walter Brandhuber are going to do for the next three or four years? Probably go on an extended vacation since there is nothing left for them to do. The share price is not going to move for three years imo and Walter will do absolutely nothing but sit on his hands. He wont be trying to cut any other deals anywhere else. How do I know this? I dont but if I said he would try to cut another deal then I would be no better then the rest of you pumpers. And I want very much to be thought of as a contrarian since they are held in such high esteem on this board.

So I believe that ERHC will just sit on what they have and not try to accomplish anything else for the next three to five years. I will contact my travel agent and help them out. They deserve a nice vacation in the Bahamas.

It would have been ludicrous for me to believe that they would actually leverage their assets to try to acquire some properties that are already producing.

Anyway, I will check back in 2010 to see how you all are doing since nothing is going to happen until then.

Take care.