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Re: Krombacher post# 261341

Wednesday, 07/11/2012 5:19:49 PM

Wednesday, July 11, 2012 5:19:49 PM

Post# of 361526
Krom - i don't believe there will be a buyout until there is at least some oil proven in one of the assets. I just don't see anyone paying SEO's price for a bunch of unproven assets. I do agree though that ERHC did gain some leverage with Kenya and I do think 10 cents is undervaluing the company even if there is not alot to go on in terms of the value of our assets...

if you say something is going to happen "soon" for years, the law of averages say you will eventually be right. broken clocks...