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Re: Julius Erving post# 290984

Tuesday, 09/30/2014 10:28:51 AM

Tuesday, September 30, 2014 10:28:51 AM

Post# of 360602
They expected 14 billion bbls in the JDZ. They expect that amount in the entire country of Kenya. ERHC has a fraction of a single block in Kenya. Yet some still insist that ERHC has the same type of upside now as they did prior to JDZ drilling. That is not true. A discovery would result in upside but no where close to what some are expecting. And certainly no where close to what they had in the JDZ. Just look at Africa Oil. Multiple discoveries in multiple blocks in Kenya. Then look at their current market cap.