Saturday, March 27, 2010 2:35:11 PM
You invested in a company who's sole function is to invest in undervalued properties, that's what ERHC did in the JDZ and more recently in the STP EEZ. If you feel those were bad investment decisions you probably should consider moving on. Seriously, you don't have one single detail on any potential marginal oil field deal and you are playing judge, jury, and executioner without hearing any evidence other than an unrelated company failed during the financial crisis.
That's hardly fair to the company and narrow minded on your part. I have NO problem with anyone judging them harshly if they make a bad deal. I just think we should see the deal before we judge them harshly. If your faith in their abilities is so low, why are you invested?
As for the "experience" argument, they had no experience in deep water and landed the JDZ and EEZ didn't they? Don't underestimate the talent that can be brought to the table when needed. Offor is MASTER in that arena.
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