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Re: balance_builder post# 225035

Saturday, 10/09/2010 12:02:29 PM

Saturday, October 09, 2010 12:02:29 PM

Post# of 362000
Here is a re-print of a post from Mark to BB more than a year ago

markgovols Member Profile markgovols Share Thursday, August 27, 2009 8:58:59 AM
Re: balance_builder post# 7047 Post # of 10758
Balancebuilder, this covers all your posts/questions to me:

There is Nigerian pressure form the highest levels on Sinopec to buy out ERHC. I was led to believe that the pressure might be so intense as to have the deal done contemporaneously with the Addax deal. That did not occur, but the same or even MORE intense pressure continues to exist nevertheless. Certain Nigerian investors, Feltang included, want their ERHC shares monetized and are pressuring Offor who is pressuring Sinopec both directly and indirectly. The chances of this occurring are remarkably high. When, is the issue.....