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Re: amj23 post# 192495

Thursday, 12/31/2009 12:57:12 PM

Thursday, December 31, 2009 12:57:12 PM

Post# of 362418
AMJ23: You are exactly right - there are these here who have often been there in operating oil company deepwater exploration and field development planning, and easily see through the "crock of "management"" of Peter N at ERHE.

AMJ23: It would be enlightening to many to see just how widespread your assembly of data on exploration result PRs really is, and would guess if is far far wider than the few examples I cited yesterday.

Amazing how this outfit still does not have a board of five or seven directors with serious oil industry E&P people. Instead we have management via Offor's "lackeys and running dogs" (how do you like that old Chinese communist expression, LOL?)

Julius Erving caught on with his comments on "provisional results". They have had a pretty good idea for some time.

Midtier wonders about management's intelligence. But they are intelligent individuals. One cannot expect too much in the managemente of a penny stock holding company like this. But one can expect a modicum of competence and credibility, sort of like their peers.

I think reading this board that many are facing the dilemma of holding this stock with good assets and upside but being stuck with lousy management. All IMHO.......

Circumstances certainly are in place for a buy out of these assets and their development under skilled management.

HAPPY NEW YEAR YOU ALL

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