Pinecat, thanks for your overview,
of the current situtation. Indeed when you state:
"Our connections in the NEEZ will be wasted unless we have financial resolve outside of "being carried to first oil".
is in my opinion, spot on. This is no longer a speculative play. ERHC must now plan and operate like other burgeoning small cap operators in their sector. While buying into the notion of "selling" a percentage of our holdings so as to raise cash, I've known that near term stock dilution was always a real possibility, and the current SP reflects the market understanding that as well going forward. I believe it was Jesse Livermore that stated: "The market is always forward looking." Indeed it is.
As ERHE takes each step to become a fully realized resource company, then it must meet the expectations of the market has for businesses in it's sector. Personally, I'd rather see ERHE give away little of it's assets as possible. All natural resource companies have declining assets as soon as they start producing. So let's hold on to as much of ours as possible.
It looks as for now, that much of the speculative talk about what would happen to SP was more fantasy than reality. This is a long term hold to fully realize large return for investors that possibly lie ahead. This leads me to conclude that those looking for near term riches, will be long gone before such dreams are fully realized with ERHE.
regards
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