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walldog0

07/03/09 12:18 PM

#169355 RE: amj23 #169351

There is no doubt in my mind that China...

wants ERHE.... its just a matter of time, and price at this juncture. They jumped on Addax, before drilling occurred in the JDZ, and got a bargain,imo

They could very easily make ERHE a similar deal,...somewhere in the ballpark of about $2 Billion is my guess. China could care less about the SEC, or a bunch of US lawyers, it won't slow them down for a second.

Remember SEO, can go play in Nigerian waters, and without the SEC looking over his shoulder, or being bad mouthed by STP.

Maybe he will just buy Principe as his private vacation Island...lol,lol