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Re: kingstarlong post# 214481

Sunday, 05/16/2010 7:31:26 PM

Sunday, May 16, 2010 7:31:26 PM

Post# of 361997
When did ERHC announce there is no oil? Show us a link to where the announcement is? Being an investor in this stock, I would very much like to see that. The only thing ERHC has done is to say that the report of drilling results is coming out by such and such a date and then saying the Chinese are dragging their feet on it. Anyway, if there is no oil down there, then what are these reports about a 23 billion dollar Chinese – Nigerian oil refinery deal? Sounds like you are trying to drop the stock in order to buy more shares otherwise if it is such a bad deal, why waste your time writing on this board? I personally would like to see the stock go up unless I had some free funds available to buy.
I think you are right to say that the GOM would have cost implications except for one thing. ERHC will hide behind China and Nigeria to their advantage just like they are hiding behind China in regards to the Drilling results. With China, you’re talking about the country that gives you lead paint in Walmart toys and they are going to be concerned about following new international safty standards? Come on!!! Erhc is in a perfect deal. They can hide behind the Chinese and say they cannot do anything with this because of the contract!!