Replies to post #9418 on Addax Petroleum (fka AXC)

[sneak-attack]

Dr. J, it appears to be just more of the media trying to force the release of the Official Drilling Results.

Without the Official Results, the media can only speculate about what the Results may have been or may not have been.

Let's face it, Gloom and Doom sells interest in News Articles.

Waiting for Official News!

Sneak

[ssc]

Yes, 12 drillable prospects but ERHC lacks the financial resources to participate in any of them. Stock approaching all time lows and attracting little buying interest reflects this.

At current prices, September will see at least 5 million new toxic shares hit the market. If ERHC releases nothing positive to attract buyers, the toxic cycle could take the price much lower and see the number of shares jump much higher. And this doesn't even factor in any additional toxic debt that has been/will be issued since the last 10-Q. Delusion insurance at its worst.