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Re: TFA post# 46111

Friday, 04/21/2006 5:14:04 PM

Friday, April 21, 2006 5:14:04 PM

Post# of 361576
The only reason I'm invested in ERHC is because of what is 100% factually relevant to the company. The known facts are that we have a huge number of rights in the most prolific oil discovery area of the world today, we have full carries in each of the 3 blocks that we have rights in that now have psc's signed and paid for, we have 0 debt, and we have 46 million in the bank to fully fund the company until first oil. Anything else that happens is an added bonus and has no baring on the why I invested in ERHC and should it never occur would not impact my investment strategy regarding ERHC whatsoever. If CVX hit 11 billion barrels great, if it straddles our block great, if we sell the straddle great, but its not why I bought shares in ERHC, and I certainly hope its not why others are invested in ERHC either.