I think we are all missing the point here. Companies looking at buying ERHE don't care what future endeavours ERHE or SEO may aspire to. They are simply looking at the "pile of wood and wooded acreage" that ERHE owns and has future rights to. They do not care that a large shareholder wants to build log cabins or telephone poles, they want that "pile of wood".
Therefore, whether or not SEO wants to build "a real oil" company, is inconsequential to SNP, ONGC or even CVX. They want the oil barrels that lay in ERHEs acreage and future acreage. A charismatic leader (SEO) does his best at getting the most acreage for the ERHE, he did and now WE DO. The barrels of proven oil are worth between $10-$14 with or without SEO.
I find all these post on whether SEO is or is not good for ERHE pretty annoying. We got what we have because of SEO and we will get what we'll get because of the market value of what the others will find for us. End of story.
Brez
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