Replies to post #159516 on ERHC Energy Inc (ERHE)

[bsk2007]

My guess is #4.........

Troy sold his $.10 shares for $.45 and pocketed $.35 a share.


If he had 500,000 total and sold 100,000 yesterday the math looks like this.........

100,000 shares X $.35 = $35,000 profit.

He made a very wise decision imo. We are all here to make money and $35,000 would be a nice boost to anybody's check book.

He also said he wants a little powder to take advantage of other opportunities the market may present.

Wise decision again. Don't take this as investment advice but I think gold is about ready to run. This engineered financial crisis we have going on has presented some great trading ops.

I am going to really miss Oilphant. I never could understand what he was trying to say but you could rely on the fact that he was going to provide some darn good entertainment. The responses to his posts, both the serious and the lighthearted, provided some good stress relief for me.

FWIW I am in the camp that Addax eats ERHC and Sinopec eats Addax in a prearranged deal. I also don't think this magnitude of a deal could happen without SEO putting it together. SEO is the only human alive that could persuade Nigeria to let Sinopec operate the JDZ.

I agree with this scenario on how SEO gets his $10.....

Addax buys ERHC for around $3.00 per share in an all stock deal. Sinopec buys Addax for around triple the amount it is now and poof! SEO gets his 10 bucks and he looks like a genius in the process.

Maybe Chevron gets in the game. They probably could have bailed out of blk 1 when Exxon did but they chose to stay. In my mind the odds are 80% Sinopec ends up with the JDZ, 20% Chevron.

Lately this board has been kind of boring to read because everyone seems to have a pretty good grasp of the reality of the situation. I wish the guy who said he logged the original Akpo wells would post again. His claim of a river of oil underneath the JDZ was truly fantastic reading. I miss reading about the $80 ERHC predictions his posts were inspiring.

I have been affectionately referred to as a real "bitch" in about 15 different languages, but with $80 ERHC I would redefine the meaning of the word.

I am willing to go way out on a limb and make this BOLD prediction: Nothing happens until after drilling!

I've been educated on the proper way to spell y'all. It's not ya'll, it's y'all. Thanks to whoever it was that enlightened me.


Chow y'all
bsk

[tryoty]

Hawk, that's about as thorough and accurate assessment as I have ever seen someone come up with concerning another poster.

#3 is the vast majority of the reason.

I just can't accept that there will be a deal before drilling. It makes no sense whatsoever. Addax can't possibly offer anything we would consider respectable and if Offor was interested in a pre-drilling deal he would have done one long ago. It just makes no sense.

This is nothing I haven't said before, many times. I just acted on it. With any luck I can score elsewhere and come back for more shares here before drilling.

Art was right, I should've kept my mouth shut. Enough talking about my trading habits!

[RKT989]

easy..HE still holds 80%..and his perogative..There are other fish to fry..