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Re: ERHClongtimer post# 292239

Sunday, 11/02/2014 4:26:03 PM

Sunday, November 02, 2014 4:26:03 PM

Post# of 362675
I view Chad as a lifesaver for ERHC. It is the only holding ERHC has currently that has proven oil 15-20 km (9-13 miles) away, and for which they already have some seismic.

So the probability that they strike oil is high, especially since the initial "air gravity and magnetic anomaly maps strongly confirm the viability of the leads". Then they will have resources (value) on the books.


Any fool can criticize, condemn and complain and most fools do. – Benjamin Franklin

What is a cynic? A man who knows the price of everything and the value of nothing. – Oscar Wilde

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