tamtam9042,
Suggesting that I am paranoid is just your way of trying to discredit my post. Sorry, I have been around too long to fall to that tactic. By not answering the question posed to you in my post it makes me believe that you think there is a free lunch to be had by ERHC. If there is an acquisition it will cost us something, one way or another - no free lunches.
Let me be very clear, I am not chicken little, and do not think the sky is falling. But, I do ask the question, if there is an acquisition by ERHC, how will they pay for it. Note, I am asking this question because it needs a rational answer. IMO, ERHC only has 4 sources in thier asset basket:
1. JDZ assets - off limits per management statement.
2. Cash on hand - Not enough to buy in the oil patch
3. EEZ assets - Unknown at this time.
4. Share dillution - Any issuance will dilute JDZ assets and shareholder value when there is proven or when considering buyin/out it is based on outstanding shares.
So, please tell me how they can buy into something without directly affecting our shareholders?
Please do not sidestep the answer with discrediting answers. It deserves a discussion. (One that needs shareholder awareness). After drilling there will be plenty of time and hopefully money for growing the company, when assets are proven.
Strass
Market Data 
Markets 
AI
