Tuesday, April 11, 2006 6:18:15 PM
Hi Meridian, how's it going? Been wondering where ya were.
I've got to disagree with you about how this puppy will trade on the OTC, however. I have no doubt that with enough public exposure, news stories that highlight the minnow's story, news and speculation of the tremendous reserves to be found in the Gulf of Guinea and the JDZ in particular, realizations of the reputation and experience of our partners, involved in production with Chevron and Exxon, price of oil, on and on .......... that our sp will move strongly. Bust most particularly because of the investor's mentality and the hope that they won't get left behind on a runaway stock. Don't forget that this is a penny stock that is undervalued and virtually undiscovered. How undervalued is yet to be seen but that's the exciting anticipation. The position that ERHC finds itself is unusual on the OTC market. An oil company with no debt, cash reserves, and possibly sitting on a herd of elephants. When the news hits the streets and gets airplay no one, at this low buy-in price, is going to take the time to sit around and parse the share price. That will come when the buying levels off - and who knows where that will be. It will also become obvious to all who study this company that a move to a large exchange will be forthcoming and those people will want a piece of it before that happens because the price could really move then with big investor exposure.
I say that given a little time that $2 is a no-brainer. That will put us where we need to be to move to NAS, AMEX, or even to the AIM, but I don't think right now that it is a company priority. By the time it becomes so, it may be a moot point.
Everyone here is here to make money on the stock movement, Meridian. Every time you throw cold water on this stock's price potential, and POSSIBLY affecting said potential, you are losing the respect you garnered earlier and raising eyebrows as to whether you have alterior motives.
Other than your incorrect observations of the future action our shareprice I really enjoy your continuing participation.
I've got to disagree with you about how this puppy will trade on the OTC, however. I have no doubt that with enough public exposure, news stories that highlight the minnow's story, news and speculation of the tremendous reserves to be found in the Gulf of Guinea and the JDZ in particular, realizations of the reputation and experience of our partners, involved in production with Chevron and Exxon, price of oil, on and on .......... that our sp will move strongly. Bust most particularly because of the investor's mentality and the hope that they won't get left behind on a runaway stock. Don't forget that this is a penny stock that is undervalued and virtually undiscovered. How undervalued is yet to be seen but that's the exciting anticipation. The position that ERHC finds itself is unusual on the OTC market. An oil company with no debt, cash reserves, and possibly sitting on a herd of elephants. When the news hits the streets and gets airplay no one, at this low buy-in price, is going to take the time to sit around and parse the share price. That will come when the buying levels off - and who knows where that will be. It will also become obvious to all who study this company that a move to a large exchange will be forthcoming and those people will want a piece of it before that happens because the price could really move then with big investor exposure.
I say that given a little time that $2 is a no-brainer. That will put us where we need to be to move to NAS, AMEX, or even to the AIM, but I don't think right now that it is a company priority. By the time it becomes so, it may be a moot point.
Everyone here is here to make money on the stock movement, Meridian. Every time you throw cold water on this stock's price potential, and POSSIBLY affecting said potential, you are losing the respect you garnered earlier and raising eyebrows as to whether you have alterior motives.
Other than your incorrect observations of the future action our shareprice I really enjoy your continuing participation.
"We're all here because we ain't all there"
