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Re: oil-cowboy post# 278274

Wednesday, 09/04/2013 2:18:03 PM

Wednesday, September 04, 2013 2:18:03 PM

Post# of 362716
ERHC never had that much cash that it was ever advisable to dump $5 million dollars into anything but the biggest and most reputable of financial institutions and probably not even then!

Just because other people lost money is hardly an excuse for ERHC to have been so careless and cavalier with shareholders money !

And an even bigger failing of Ntephe is that not a dime of $45 million dollars has been spent on exploration. Exploration was supposed to have begun in Kenya before the end of 2012 and in Chad early in 2013. As far as we know the train has yet to leave the station ! The planes are still on the runway and these exploration experts hired by Ntephe are still back in Texas trying to find Kenya on a map ???!