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Re: Art2004 post# 193932

Tuesday, 01/12/2010 1:47:42 PM

Tuesday, January 12, 2010 1:47:42 PM

Post# of 360919
Ok, I just read Joe Shea's blog. Something doesn't smell right from that whole story.

According to the blog, Jim Ledbetter was fired in Dec. 2008. Also according to the story, Jim Ledbetter talked to Joe Shea on the phone as said "they found a lot of oil". So, when did these phone calls take place? Jim was fired way before they drilled the wells so Jim could not have quoted that information back when he was fired. Now, if Jim somehow found out that ERHE/Addax/Sinopec etc did actually find a lot of oil, then go buy the stock and quit your whinning! You are about to drastically improve your wealth..... If nothing else, Joe Shea can repurchase the stock and get off of food stamps...lol. That is all we need, Joe Shea costing us tax payers more money by getting government support...

Either Joe Shea is greatly mixing his time frames of conversations with Jim which is very misleading or he is making this stuff up.

Either way, ERHE should be valued on the oil discovered plus future potential oil. Now, according to Jim Ledbetter, there was a lot of oil found. Great, another source to confirm good news is coming.

Good luck all