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Re: balance_builder post# 106347

Sunday, 08/26/2007 12:41:03 PM

Sunday, August 26, 2007 12:41:03 PM

Post# of 361659
Menas story...
First of all the story is old - Dec 2006. And by the way - has been posted here before. So it has no recent impact on ERHE's price movement. And I think BB knows that?

Can we trust this info that CVX/XOM wants out of block one?
As discussed before: 1) if they are convinced that JDZ contains billions -they are likly to downplay their interest on purpose in order not to raise the 'price' of the other blocks. 2) Possibly block 1 is not as great as they hoped, however this does not mean that blocks 2-4 are not good.

IMO we just have to wait and let the drill bit speak. We can not trust info from block one (except if the drill another hole - then I guss what they found in Obo-1 was not so bad after all).