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Strategyone

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Strategyone

Re: Tapco1 post# 36233

Friday, 03/24/2006 4:12:08 PM

Friday, March 24, 2006 4:12:08 PM

Post# of 361288
Tapco1, for the investors of ERHE, we are not concerned as to when we will "see" the oil as to when it is proven. Once proven, it will be priced into the valuation of our investment here. There will only be slight discounts to the time it is produced because there will always be speculation as to a buyout for the proven reserves. If CVX comes out and states they have found oil that straddles into block 2 (or others) ERHE will shortly have "proven reserves" without any of their own partners sinking a drill bit.

GLTA,

Strategyone
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Volume:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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