InvestorsHub Logo
icon url

mz157

03/08/11 3:11 PM

#237060 RE: seek the light #237057

your missing my point. my point was that erhc looks to have been part of the original consortium based on the tidbits coming out but then they may have had to pull out at the last second when they couldnt get the financing so Chrome stepped in...

PN's excuse was to the effect that they weren't ready and it was too soon according to the recent interview. Really?? I find that hard to believe. We have been trying to do an EXACT deal like this for years (at least according to their numerous forward-looking PR's). How could it be too soon and WHY even mention Shell in the first place??

edit: but if you are saying you thought that ERHC wouldnt get the cash in the first place and hence not bid, then yes you were right.