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TheDane

01/09/07 10:32 PM

#87919 RE: ERHClongtimer #87918

I'd like to see a CEO with a contract that gave 250k at $1, 250k at $3, 250k at $9 and 1,250,000 at $15. Oh, with an expiration of Feb. '09 for the $15 part.

Otherwise, no CEO, which I have bet will be the case.
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Art2004

01/09/07 11:22 PM

#87923 RE: ERHClongtimer #87918

I agree with your post and perspective.
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badog

01/10/07 12:50 AM

#87926 RE: ERHClongtimer #87918

Nice post ERHClongtimer,
Only difference I see is that many times the market will adjust SP on excitement of what 'could be'...even more sometimes than what 'is'. The problem with what 'could be' is that it is very volitile whereas what 'is' seems to stabilize the SP.

Once announcements start coming there will be plenty of SP adjustments based on what 'could be'...with plenty of stabilizations between...rig coming, drilling started, new assets procured, drilling half way now, another rig coming, drilling completed on one, another asset procured, oil pressure so great it blew rig over into next block, next rig started drilling, EEZ blocks finalized, China...India...So. Korea...Chevron...Shell all trying to outbid each other to buyout ERHC, drilling complete next location, oil pumping out so fast there are not enough ships, etc.

You think I'm dreamin'? Ha!
Unrealistic expectations? Ha!

Back to reality!

Badog