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Tuesday, May 06, 2008 12:16:00 PM
That's where most of my chips are... riding on Addax singing like an opera star.
CVX, tight hole or not, will be forced to either acknowledge the extent of OBO's success by buying Addax, or run the risk of a competitor getting them and all the knowledge attain in their JDZ drilling.
And in the midst of all the decision making the light will go on and someone will say, "Hey! Them feller's over at ERHC gots some purdy large rights in this here JDZ".
Cha-ching... I just hope we all live long enough to see it. LOL!
Anyway, my point is that Addax will be the first to go. When someone buys Addax, they get control over ERHE. Buying ERHE gets you the frustration of doing what Addax and the other operators say you can do.
ERHC's share of JDZ oil; 1 billion barrels. Once proven, ERHE will be $10+. All we need is time and patience.
Nuf said.
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