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Re: emdyal post# 294719

Tuesday, 12/16/2014 3:26:35 PM

Tuesday, December 16, 2014 3:26:35 PM

Post# of 361251
I am 100% behind you when you say cuts must be made. It appears ERHC goes along on its merry way with little thought about where the money will come from. Now a new PR about the EEZ but no where is it explained where ERHC is going to come up with its share of the costs. Do they realty believe that they will be given a free ride (carry) in today markets. They are not in Kansas anymore. Oil is way down and they have little or no money. iMO, this PR will bring the SP down even further. The SP is now in "mills" and I do not know the term for the term of ten of what makes a "mill". People here talk of making millions, but I see reality at 8 mils, not even a penny. This whole situation disgusts me. Peter cut costs now!
DeGen
Ps: I see Peter earned his degree while working full time and being paid as a full time employee. I wonder how much time he spent on his studies when he was "supposedly" working for ERHC? Something is just not right.

Only someone who believes in false myths, thinks this is not a great stock. Some myths are not worth repeating, but are resurrected like a false prophet.