News Focus
News Focus
Followers 77
Posts 17401
Boards Moderated 0
Alias Born 12/04/2007

Re: midtieroil post# 275515

Sunday, 07/07/2013 9:46:10 PM

Sunday, July 07, 2013 9:46:10 PM

Post# of 367194
Of course, if there is massive dilution...it may very well be so that a partner would own a portion of ERHE...as ha already been indicated by the company in its FAQs.

...if a major oil company whether it is SNP or Marathon or Exxon or Tullow...were to say that they want to own ERHE in exchange for tens of millions of dollars...

...well that certainly is a vote of confidence by these companies isn't it?

AND, since these companies have an interest in these assets as operators, it is unlikely they would divest of ERHE any time soon...so that dilution would not even really add to the float of trading shares.

What a win that would be!

And all we have to do is wait and see what came of that LOI...

...tick tock, tick tock, tick tock.

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