DR J- YOU ARE ASKING A ? WITH NO ANSWER
A COMMON MISPERSEPTION--
Statistics do not appy to one time events- How many ? cannot apply
to this one field, and the % is never 0 or 100% so doubt always follows.
Rather, additional events by those in the 'know' should guide investments eg
. Addax has risen 30% since the IPO ie ERHE's partner in Block 4
. 'Shakeouts'- unregulated drops in sp have occured-down 20%, up 20%/day
. Major oil-Xom, BP, Total, Agip, etc are invovled in Nigerian oil
. Political players are attempting to influence sp
, Sinopec, Xom, etc are investing billions of dollars in NIgeria despite 'hostages
. Daukoru, Nigerian oil minister, is head of OPEC, an exclusive Arab club
, Nigeria is a major supplier of light sweet crude 2,5M bpd
. ERHE is an American Company under SEC rules
. CVX has positive results in Block one? and seismics appear postive in the areas
. World court arbitration validated ERHE's interest
. JDA results are on the horizon- maybe?
GTLA