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Lickety Split

09/29/09 10:46 AM

#180813 RE: mccir #180810

mccir,

Thanks, it seems those who expected the most were the loudest whinners of all when the Addax deal came through at less than what they believed it should be (in their minds). I would love to see the numbers that some project here, but I don't expect them and certainly don't spend my day talking about them. I would be very happy to have proven at the NSAI numbers as the basis for a buyout. More is always better but keeping expectations within reason saves a lot of disappointment later. NSAI numbers, Nothing more, nothing less.

Strass
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emdyal

09/29/09 10:50 AM

#180815 RE: mccir #180810

Nobody knows what ERHE is worth , that is why they are spending a million dollars a day to find out.
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vineseeker2

09/29/09 10:52 AM

#180816 RE: mccir #180810

My feelings exactly, I think we all feel that our stock is worth several times the SP, but how many? The drilling will prove the accuracy of the estimates. Acpo doubled the initial estimates after they drilled a well and said they may still be 30 or 40% low.
We are dealing with a government controlled chinese company, making a bad deal is probabily a capital offence.