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Post# of 360745
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DegenerateGambler

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DegenerateGambler

Re: DegenerateGambler post# 324301

Wednesday, 07/19/2017 10:18:32 PM

Wednesday, July 19, 2017 10:18:32 PM

Post# of 360745
To update this risk versus reward scenario in today's market. What are the chances of ERHC finding oil? How much will the share price go up if oil is found?
Answers:

Chance of finding oil = 1,000,000,000 to 1. (One billion to one)
How much will the share price multiply =. 1,000,000 (a one million bagger)
Conclusion = bad investment, especially if the company has a going concern warning in their filings.

One is better off buying a lottery ticket then investing money in ERHC.

The share price remains in the mills or mil rays, that's 001? or soon 000? Will we EVER see a penny again? Most here have hope, my hope has left the building and this board
.

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