Replies to post #4060 on JDZ Nigeria-Sao Tome e Principe

[Strategyone]

Strass,

Good point and I agree fully. I liked the concept of the whitepaper but agree it should come from the company, not shareholders.

Better point is the idea of lifting any restrictions on the ability of insiders to purchase shares. I used to fall in the camp of the insiders running the risk of purchasing to close to news and getting in trouble but with further thought, that can be worked around. There are tons of examples of companies that always have news coming out and the insiders buying and selling for various reasons. If the company would allow ERHE insiders to buy and sell as long as they follow SEC disclosure rules, this would help communicate a more "fair market value" of the current share price.

All that being said, since we are so close to drilling, I can wait for the news I originally invested in ERHE in the first place. OIL and how much of it.

GLTA