ERHC Energy Inc (ERHE)

[Lugheads1957]

Amen to that post Dadd.

Unfortunately the management of ERHE hasn't given us much to talk about in the past 4 years, so we have chosen to create our own topics, some relevant and some pretty far fetched. I'm not sure how or why the trillions of rumors got started or why they were perpetuated, but I am of the feeling that all things discussed here have a relatively insignificant and short term effect on the share price, regardless of whether they are good or bad news (with the obvious exception of the current investigations).

This stock, in my opinion, will be driven by oil. Yes, oil. Remember that stuff? Oil. We start drilling for it - and the price anticipates it. We find it and the price celebrates it. We don't find it and the price punishes us for it. Everything until then is only temporary, with the exception noted above. Now, that doesn't mean the dynamics couldn't be changed by a corporate restructuring of some sort - move to an exchange, buyin or buyout, property acquisition, new PSCs or change in current partners etc. But eventually, the future of ERHE rests in the findings of OIL.

We won't be at $.50 per share if we have discovered a billion barrels in one of our blocks. On that I have placed my bet, and really nothing else.