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oil-cowboy

07/04/07 10:31 PM

#101145 RE: mhslowly #101144

If Offor wanted us to be worth dollars tommorrow, I'm sure he has adequate sources to get that kind of deal done. Buyin of sorts. He has seemed to reject anything of the sorts. Why? He intentionally kept our listing in the USA for a reason. Maybe he figured this was the only way to get the big dollars and exposure? For such a private man this seems like a strange move. IMO he has a plan which is yet to be revealed. I will keep adding for the simple fact is we own very solid oil rights. But how this happens is directly under the thumb of Offor right now. We'll see soon what kind of plan he's got.


I feel think he pulled some sweet deals with our partner Addax, also dealing China into the card game sure would get potential competition nervous. If anyone will be listening to the drill bit closely, you bet it will be Sinopec. If they like what they see they will pay fair value and then some in a heart beat for the reserves they desperatly need.



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tryoty

07/04/07 10:51 PM

#101146 RE: mhslowly #101144

Well said mhslowly...

There are those here that really believe SEO lays awake at night trying to make sure thousands of unknown strangers from foreign countries reap billions in rewards by riding his coat tails.

If Offor lays awake at night, it is trying to figure out the exact opposite... be sure of that.

In can be simplified to this: Does Emeka Offor want to be world renowned and respected as a successful businessman that stood up to big oil and won, or does he want to be known as a corrupt Nigerian that ripped off his countrymen and investors around the world?

He'll be rich either way. I boils down to whether he cares what others think of him and does he have morals.

Place your bets accordingly. The risk with ERHE has nothing to do with dry holes or hydrocarbon geology. The risk is the man, Emeka Offor, and what he may or may not do.
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RUBY1100

07/05/07 12:10 AM

#101149 RE: mhslowly #101144

Cronyism & Corruption exists on both sides of the Ocean

Although we have won the first several hands dealt

We have a strong players at the table with lots of chips behind them

if they go All IN we better have the best hand


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Electick

07/05/07 12:26 AM

#101151 RE: mhslowly #101144

MHSLOWLY you obviously misread my post. Shareholders are completely safe at this point. The worst that can hapen has been done already, a bit of dilution here and there is all. Your stock and the rights are safe, albiet worth less then they should be.