Over the last few years when I have been accumulating with my few, but hard earned dollars, there was always a shadow of doubt about my invesment here. With out going into all the details we know all to well about, the oil was the constant and is what kept me buying more. With the latest pr from the company it is a true blue reality that this oil will come to be proven in the very near future (as far as this stock is concerened lol). Offor or whomever he represents, expects to make a fair amount of money on this deal. That is guaranteed in my books. No US entity will stop that from happening, regardless of the DOJ. China is way too hungry for elephants these days. So the way I look at it, the rigs are booked, PSC's are signed and sweet light crude had never been harder to come by. A year may scare some but I have never slept better knowing what I hold. Offor is no dummy, and has put everything together we could have asked for except for time frames. Find a stock with more potential and I will sell tommorrow.
Long and Strong.
When this is all said and done, we have to pull together an ERHE party to laugh at the many years of speculating......
Oily will be the guest of honour,,, lol
Have a great weekend all.