Couldn't the addax run-up be a price correction after a very steep decline? See chart...unless the assumption is the decline was a result of the lost rig...
EOIM, what is your opinion on future ERHE valuation??
I'm just having a little difficult time reconciling between your "Oil flowing like an ocean" comment and then your "$3-5 within the next two years." I'm a little more optimistic than that ($3-5 sp) since I'm an original member of the "1/2 Full Glass" gang here. :-)
My e-mail address is "kiwiloco@msn.com" if you want to send me a note. Thanks.