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Sunday, July 23, 2006 9:54:57 PM
If nothing else a 4 year chart screams of another run to north of $0.75
There are many possibilities here to give us some real positive news in the short term.
Especially the CVX news which the JDA want out there as the low ball numbers are costing them millions in on going and subsequent FRN bid rounds
A Buy in - new hires - a break in the DoJ case - talk of CVX and ER in shared deal for BL 1,2
Once the case leans our way in which some posters have indicated - it should clear the way for a better 2nd half of 2006
We are clearly oversold and the small VOL says the insiders and large shareholders are holding just not buying either and sadly we didn't reach that new buying audience you spoke of which we needed with contracts.
The OTC BB has hurt us along with our Nigerian ownership persona
The blame for that must lie with EO as WB was only around a short while prior to contracts.
I do believe EO cares about the pps and feels the right price offered to him could be enough for him make a deal for some part of our many rights.
He is a business man first and foremost and consider this there is far too much political uncertainty going forward in the US STP and Nigeria
His buddy the VP could also be in some hot water just before a major election. If the VP is out and Menezes gets the boot our uphill battles and roadblocks could countine and perhaps EO is seeking to do other projects with Chrome and getting some fast ER money could be the ticket to do this.
This stock story has always been crazy, always been a longshot and us long timers I for one want to be on the train when the engine starts roaring
Hoping sooner than later
Remember sometimes Longshots do come in
R
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