For the first time I have sold some ERHC stock. The reason is that my 92 year old mother had 40K shares (in at ~ 31 cents at my encouragement). Now she needs cash for living expenses and was forced to sell at these low levels. Yesterday, she has an all or none sell order in for the 40k shares at 10,5 and it did not go through. A 75k buy at 10.75 went through to my disbelief. Today the same order was put in at 40k shares all or none at 11.0 and sold at 11.1!!!! Makes no sense.
I sent an email several days ago to CAMAC to inquire about the difference in the Reuters article that stated ERHE signed a PSC on the Kenya Block 11A and that was a contradiction to their June 25th presentation.
I just received an email back from CAMAC stating "Reuters is correct and will be reflected in the next update of the presentation". They confirmed that they are out of the block 11A negotiations.
I also sent a similar inquiry to Reuters but have not heard back from them.
WOW! It is looking very likely that it wasn't a typo or an error. We may be on the cusp of another significant step forward by ERHE. I am already invested in another Kenya Oil company so I have been following news in that area. I am way more impressed with the opportunity in Kenya than in Chad and I still like the Chad prospect.