Replies to post #180395 on ERHC Energy Inc (ERHE)

[emptynester1]

This process will take months. If ERHE is gonna be bought (99.99999% probability) the majority of the blocks that ERHE have interest in have to be drilled to some extent to confirm how much oil, where the pools are etc. They need to narrow the area down to prime drill sites. Remember these drill ships aren't cheap. I dought if they are gonna release any data until the actuals are compared to the probables that they have compiled over the last several years. All of us would love some big news NOW, but I afraid we still have several months to go before some real numbers are put together and a good company will put up BIG money to buy ERHE rights.

[vineseeker2]

midtier, only one stockholder has to decide to sell, if he does, it sells if he doesn't it don't matter what the rest want, it doesn't sell. 51% is control