Replies to post #361362 on ERHC Energy Inc (ERHE)

[Krombacher]

If I were buying a bunch of condos in an existing condo building with the idea of acquiring the entire building, I wouldn't want every condo owner to know that because one of them could "hold out" for an extravagant price. I would want to do it all in secret. I want the whole building to gain synergies by leveraging an area wide development.

This explains the strict secrecy that Total required in the form of a gag order. Explains why xrimlinger.com took down block 3 in secret. And so on.

But now that Total has announced its acquisition of block 2, already had block 1, probably picked up Oranto's block 3... the secret is out.

So there can be an announcement on ERHC's block 4 soon, UNLESS, Total is in the midst of a bidding war with Shell and Aramco.

All good for us. Bad for the shorts.

Krombacher