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Re: midtieroil post# 241674

Monday, 06/27/2011 5:47:53 PM

Monday, June 27, 2011 5:47:53 PM

Post# of 362741
If the acreage is on shore (likely) it could be close to production. Maybe a small Indie needs a cash infusion to get oil flowing and ERHC is the source... I just hope they don't dilute the company's crown jewel assets too much.

When majority shareholders don't trade their stock, the price is set by the minority that do. Managements must satisfy the minority.