News Focus
News Focus
Followers 54
Posts 11634
Boards Moderated 0
Alias Born 12/08/2004

Re: badog post# 243209

Wednesday, 07/13/2011 10:10:19 PM

Wednesday, July 13, 2011 10:10:19 PM

Post# of 367098
ERHC has already benefitted to the magnitude of tens of millions in the 5 well drilling campaign. Sinopec shelled out $300M to drill these wells and ERHC's share of the carried costs was on the order of $35M, so Keeney is saying that is valuable and worth protecting, and I agree. The hint that the value of these carried costs could reach several times the current magnitude is telling. It is useful information for shareholders to judge their opinion of the value of the organization.

It's the continued secrecy of everything that *is* under their control that fosters distrust and breeds conspiracy theories. They have a unique chance to change direction and fix that.

Will they?

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

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y