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Tuesday, September 29, 2009 4:12:01 PM
You said; "Wouldn't bet a plug nickel for our chances of getting one thin dime more than we are worth."
Chinese historically value and pay more for oil assets than their Western counterparts. Fact. Geologist friend of mine at an international integrated Oil firm said that whenever they get into a bidding situation where the Chinese are involved, "they (U.S. firm) can't pencil it out....(can't get the numbers to justify the purchase price of the Chinese.)" We have all discussed the why's.
I said this early in my involvement with ERHE: ERHE acquisition could be the worldwide convergance of "epic" political and economic forces.................yes...epic.....
and SEO has played this like a flute.............all we need is the oil!
![smile](/images/emoticon01.gif)
GLTA,
Opus X
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