ERHC Energy Inc (ERHE)

[Southern Man]

Pure speculation, its possible some shares are being issued in conjunction with a cash farm out contribution. Whats clear is the Share price is not a issue right now, drilling is and a farm out to someone will happen! A Cash Infusion farm out not a stock sale. Once drilling is certain the share price will take care of itself. If we dont drill, certainly nothing good will happen for erhc , that is a fact.

An timely example here: http://www.oilnewskenya.com/?p=2600

If anyone had a few hundred 100 million here to spare wouldnt they consider looking at the long term investment potential in at least 1 of our 4 assets. Yes, and recall it only takes one missile fired or skirmish in Iran, etc.. to run the price of oil up to at least 70 $ a barrel. Its going to spike fast as soon as their is another threat or war, small or larger. imhopes

http://oilinkenya.co.ke/erhc-updates-share-holders-on-block-11a/
Very bullish statements abound about seismic data albiet incomplete as yet.