ERHC Energy Inc (ERHE)

[Southern Man]

Management needs to enlighten us on the 1000% decline of our investment in what, 2 months! How can we be excited about 11a or Chad,EEZ with a plunging Share Price! Wake up PETER! The are either lying, stupid or going under IMO. Why arent they buying the cheap shares if everything looks so " encouraging" ? Its a mess.

After seeing the sp drift after exploration in JDZ with no news, its the same MO to me, I havent seen Cepsa announce anything with certainty, if there is a definitive proclamation from CEPSA please post a link. Ask yourself, what does CEPSA have to lose by pulling out of 11a. Nothing else in Kenya as far as I know. Small fine?

If the money starts flowing out of CEPSA and they proclaim they are drilling and spud on Dec 30th, then we might, maybe see a few cents up, maybe 12 cents, back where we started this run. Is that what management is waitig for? At this point it feels as if we are not being told the whole story. Obviously greying shareholders are war torn. Management can not afford to promote ERHC and their isnt anything to promote anyway.

The market is clearly saying there is nothing good here to see. Weve gone from a 12 cents to a frickin penny guys, something smells really bad. Personally Ive seen my personal valuation drop over a million dollars on this POS just so you know Ive sold very few shares and that was in 07'.

Anything directly from CEPSA? http://www.businessdailyafrica.com/US-oil-firm-EHRC-plans-to-drill-Turkana-well-/-/539552/2473224/-/15fpaiaz/-/index.html