Replies to post #15939 on Addax Petroleum (fka AXC)

[Krombacher]

No commercial oil found in Kenyan block and CEPSA pulling out...caused the last 2 to 2.5 years. Not the fault of ERHC.

...but the nice thing about ERHC and its properties is...

...if the JDZ doesn't work out...there's Kenya...if Kenya doesn't work out there's the EEZ and if all that doesn't work out, try, try again...perhaps in the other black blob in Kenya...and on and on and on...

Compare to HDY...they only really ever had one property.

Krombacher

[lovemelongtime]

That’s what makes this highly speculative pink sheet play so intriguing to me. Any shred of positive news and Kaboom your in the money.