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Re: e e bass post# 71544

Saturday, 09/02/2006 5:22:06 PM

Saturday, September 02, 2006 5:22:06 PM

Post# of 362845
e e bass: I owe you an answer from your question a couple of days back - why no valuation of ERHE prospects like for example ECL's study for Afren that has often been cited on this board? Part of a broader matter I think.

Compare ERHC with fledgling oil cos. active in West Africa like (say) First Africa, Equator and Afren. All AIM listed, they promote themselves, have a board and slate of officers - both composed of credible oil co. people, obvious each intends to build an oil co. None have the potential of ERHC, IMO.

ERHC is quite different, all Chrome's henchmen. ERHC's PR non existent, still prefunctory, minimal. ERHC could at any time do a study that shows wonderful potential value - but have chosen not to. Brandhuber appeared headed in the Afren style. Best I can tell Emeka Offor does not want to go the oil co. route like others. He has had other chances to do so but no. Seems does not want to promote what he has in ERHC.

So like Bobwil9's brisket today, we'll just have to have faith and wait patiently until it is properly cooked, i.e. ERHE becomes juicy with proven oil, because in the meantime they don't understand meat thermomenters in Emeka Offor's camp!

And thinking of Gran Habano's cigars and Bobwil9's brisket, conjures up fine ways to celebrate Labor Day!!!

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