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Friday, March 17, 2006 12:44:44 PM
They'll get to first oil (pumping) in 3-4 years by some counts. But the value of ERHE shares will rise long before that. If the reserves in ERHE blocks are proven within a year then shares will start to reflect the value of those assets.
Suppose to anyway.
Many thaought the signings would bring $2-3 share price. We can see how THAT worked out! LOL.
No worries. 99.9% of the investing world has never heard of EHRC Energy. 2006 will be the year that changes in a big way.
ERHC's share of JDZ oil; 1 billion barrels. Once proven, ERHE will be $10+. All we need is time and patience.
Nuf said.
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