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RUBY1100

07/24/09 8:47 AM

#171869 RE: stocks2rise #171867

Sino is carring ERHC for Huge $$$

2 Rigs [$600k + $400k /day] = $1,000,000

x 15-20% Ave. Carried Interest

basically $150,000 to $200,000 / per day

they be silly NOT to take us out

+ IMO many Africian / US power brokers with big stakes in the game want a pay day from Addax / ERHE

+ the price to play goes up with proven

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claudealain

07/24/09 8:58 AM

#171871 RE: stocks2rise #171867

stock2rise... See message #169092 "PLATTS NEWS MENTIONS SINOPEC-ERHC Possible Deal":

"Industry sources also say the Addax deal may pave the way for Sinopec to buy out Houston-based ERHC's significant holdings in the JDZ, where it has interests in six of the nine blocks awarded by the Joint Development Authority, the body set up to oversee exploration."

Platts was also one of the first to mention the Sinopec-Addax deal.
So they were right one time, why not a second time?

GLTY, Claude Alain