Wednesday, July 07, 2010 6:27:54 PM
Some things to consider: What will the stock price be if ERHE announces partnerships in the two EEZ blocks (and it is not SINOPEC)? What if they receive $50M or $100M in cash with these partnerships? What if Sinopec announces confidence in what they have drilled in the 5 holes of JDZ phase I and they submit a plan to the JDA for Phase II drilling? Where do you really think the price may land if one or all of these scenarios get announced over the next two months or so?
If the stock price goes to $1.50 and the company issues 33M new shares to raise an additional $50M, I probably wouldn’t get very upset over it. If they sell 200M at .25, I will reanalyze my long term position to say the least……
Recent ERHE News
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/06/2024 07:31:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/08/2023 09:06:42 PM
Unitronix Corp Advances DeFi Innovation with Tokenized Real-World Assets Integration • UTRX • Oct 17, 2024 7:38 AM
Mass Megawatts Commences Solar Energy Sales Efforts • MMMW • Oct 16, 2024 7:45 AM
SANUWAVE Health Announces 1-For-375 Reverse Stock Split • SNWV • Oct 16, 2024 7:40 AM
Future Hospitality Ventures Unveils Bold, New AI-Driven Initiative to Revolutionize the $300 Billion Hospitality Market • NGTF • Oct 16, 2024 7:07 AM
Kona Gold Beverages, Inc. Announces Strategic Progress and Corporate Evolution • KGKG • Oct 15, 2024 9:00 AM
One World Products Secures First Order for Hemp-Based Reusable Containers, Pioneers Renewable Materials for the Automotive Industry • OWPC • Oct 15, 2024 8:35 AM