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Re: Krombacher post# 292174

Friday, 10/31/2014 10:28:21 PM

Friday, October 31, 2014 10:28:21 PM

Post# of 360588
Have you seen oil prices lately? Just wondering if you still believe that oil prices have no effect on ERHC. Of course, most know they have a HUGE effect. Almost every oil company on the planet has a lower share price, investors WILL cut back their investments in oil and gas companies and oil companies WILL cut back on their exploration budgets. Financing WILL become even harder, especially for the small exploration companies as private equity and everybody else shifts to hotter sectors. Yet you say it will have no effect on a company desperately seeking financing. Please explain. I worry about the affects of this on ALL small exploration companies. Not just ERHC.