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Re: mrogop post# 51967

Sunday, 05/14/2006 3:40:36 PM

Sunday, May 14, 2006 3:40:36 PM

Post# of 361667
Was discussing ERHE and the political intrigue with the JDZ (Chinese, American, Nigeria, etc.) with a friend of mine who is a geologist with a major oil company. He said that in every situation that he is familiar with, the Chinese have thrown such gigantic numbers to buy the rights to drill or acquire oil assets that it has made it economically unviable for them to even think of participating in it.

Obviously as a shareholder of ERHE, I liked how that sounded.

Gran