Monday, March 29, 2010 7:10:47 PM
The optimism you seem to take offense with comes from the DD done over many, many years. The share price bouncing around is only painful if you're looking to sell... and I've been there, it's a dark place. Luckily I found other money and was able to hang on.
I *think* I have plugged enough leaks in the S.S. Tryoty to hold my entire position for another 16-17 months. I hope and pray we don't have to wait anywhere near that long. I prefer to think that Peter Ntephe is not so out of touch that he doesn't have anything planned for shareholders in that timeframe. These two new Director's were brought on for a reason. Either the JDZ is a boon and they wanted in on the ride, or the JDZ is a bust and they want to do to ERHC what they did for Addax. That's *not* a bad safety net, and it's a net we didn't have before.
I just hope it doesn't get too ugly at the AGM next month if we still don't have results. It would make all involved look terrible, IMO.
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