InvestorsHub Logo
Followers 54
Posts 11634
Boards Moderated 0
Alias Born 12/08/2004

Re: None

Wednesday, 11/25/2009 11:57:47 AM

Wednesday, November 25, 2009 11:57:47 AM

Post# of 362034
Consider this...

"Its actually quite naive to think that ERHC can make money off a field that a real active small company has put on the back burner (AFREN). If that field was a money maker they'd (AFREN) be there making money. Thats how it works in this business".

What is naive is to conclude the field won't make money simply because it is being sold. Was AKPO sold to the Chinese because it wouldn't make money too? To claim that the field has no value because Afren is selling it is to claim that any business anywhere that ever bought anything got screwed. THAT is naive.

Why can't it just be what it is? Afren has bigger fish to fry and ERHC thinks it can benefit from that.