ERHC Energy Inc (ERHE)

[oil-cowboy]

" Once we go sub-penny & the hedgies can buy for 60% of that, we're in a world of hurt"

If we were to go sub penny I think it would have have happened IMO. Yes there's been selling, along with a bunch of shorting too. At a penny you have to ask yourself what this company is worth... and any way you slice it, its worth way more than a penny.

We don't know what the numbers are for Kenya, but to go straight into drilling its commercial numbers at the very least.. in the hundreds of millions for sure. Heck Chad has a few hundred at least. So even just the lowest of the low valuations on proven there is still substantial upside here.

Don't you find it odd that all of these share activity is happening just before we get Kenya numbers?? We know were drilling so there has to be some kind of info about it... and it has to be positive for that kind of commitment by CEPSA. I think many will be surprised at what could be lying under our Kenya block.

JMO