InvestorsHub Logo
icon url

Dadd

11/11/08 11:01 AM

#144273 RE: midtieroil #144272

For once, your post may be right. Offor holds all the cards in this deal. ERHC holds so much in terms of oil rights in the JDZ that I don't blame him for wanting $10.00+ a share.

Dadd
icon url

oil-cowboy

11/11/08 11:52 AM

#144282 RE: midtieroil #144272

"They aren't even sitting at the same table nor are they in the same ballpark and they both know it."

They are very much at the same table. They were in arbitration for a % of Blk 4 yet are also partnered up with Kogas in another JV. To say there is no poker game being played here is naive to say the least. The games been going on for years. When there's billions of barrels on the line, poker must be played or you'll get crushed.

Take another look a the dots, I think you missed some.
icon url

Opus X

11/11/08 12:23 PM

#144289 RE: midtieroil #144272

WITH ALL DUE RESPECT THAT IS YOUR OPINION. I RESPECTFULLY DISAGREE. YOU SEEM TO BE A "BLACK AND WHITE" SORT OF PERSON AND THAT'S FINE FOR MANY THINGS. IMO, IN THIS ARENA WITH SO MUCH MONEY AT STAKE THERE IS AN INCREDIBLE AMOUNT OF GAMESMANSHIP AND MANY THINGS GOING ON THAT DON'T MEET THE EYE. (Sorry for the caps.)

On a smaller scale, Gandur is in a high stakes game with the potential drilling operators. No doubt about that.

Middy, do you play cards? Poker? Just curious. Thanks.

GLTA,

Opus X