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Re: Lickety Split post# 50757

Wednesday, 05/10/2006 11:05:07 AM

Wednesday, May 10, 2006 11:05:07 AM

Post# of 361984
Hate to disagree, Stras .... but what CVX 'does' and has discovered in Bl 1 has EVERYTHING to do with ERHC. Maybe not in a direct income stream but certainly VALIDATES the prospectivity of the adjoining Blocks 2,3, and 4 seismic results. Their success gives tremendous integrity and promise to further similar success in the same adjoining formations - and thus, warranted speculation in our share price.

Why, for example, is CVX/XOM in an 'out of character' fashion instituting what appears to be a fast track development plan in Bl 1? Their continuing operations will have a yet to be determined effect on the adjoining operators.

"Noise and nonsense" in Bl 1? Hardly.

"We're all here because we ain't all there"