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Wednesday, March 13, 2013 7:23:02 PM
They could have collapsed ERHC and started a new company for Kenya and Chad you know, and give you zero shares of newco.
This is WILDCAT OIL EXPLORATION! "Find oil before you go broke" .... really it is simple as that.
The fact they have offered more shares at a discount to current common shareholders is a gift rather you recognize it or not.
It wasnt their fault JDZ didnt show stellar returns and massive oil reserves on its first attempt. I'm optimistic even the JDZ will prove profitable eventually. AJMHO
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