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Re: magicatlast post# 135537

Monday, 07/21/2008 1:14:14 PM

Monday, July 21, 2008 1:14:14 PM

Post# of 361654
CNOOC bought into AKPO (1B bbl): $2.3B for a 45% WI, oil was at $60.

With oil@130 and ERHC's share of 2, 3, and 4 around 1B bbl, the value should be $10B, or $14 per share. This is before 5, 6, 9, and the motherload... the STPEEZ.

The impatient will cry in hindsight... but to their credit, they won't die waiting.

LOL!

ERHC's share of JDZ oil; 1 billion barrels. Once proven, ERHE will be $10+. All we need is time and patience.

Nuf said.