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Re: emdyal post# 255399

Monday, 03/19/2012 7:13:08 AM

Monday, March 19, 2012 7:13:08 AM

Post# of 361511
I just have a hard time believing Offor is going to accept a buyout given the current share price. Who is going to offer even a dollar a share when the stock is trading around 10 cents. I want to see this company drill some more before they accept any type of buyout offer. The problem is we don't know where the money to do so will come from. There is very limited seismic on both Chad and the EEZ blocks further decreasing their value. I am beginning to think they are about to sell the JDZ for whatever they can get because without good seismic Chad and the EEZ are a hard sell without that much value. But what is the JDZ worth?