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freze7

03/03/06 3:52 AM

#27702 RE: Julius Erving #27701

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