Tuesday, December 05, 2006 4:23:58 PM
When did this hit the wires? This very well could be the catalyst that kick started ERHE this week.
"The fact that there are still interesting cherries to be picked, small but healthy, will attract the interest largely of second tier players, such as Apache [NYSE:APA], Devon [NYSE:DVN], Tullow [LSE:TLW] or Premier Oil [LSE:PMO], but the real diamonds could be there for the so-called single-players, as Artumas, DNO (Iraq) or Afren.
It is now the time for stock market investors to start investing in these ‘unknown rough diamonds,’ with a little bit of work, the rewards can be immense. If Afren or Artumas hit the expected reserves, stock prices will go through the roof, making yields that no Shell [NYSE:RDS-B], ExxonMobil [NYSE:XOM] or ENI [NYSE:E] can even dream off.
Big is not always better; have a look at Africa’s current developments and make a choice. With the support of the investment community, these players can become major players to reckon with.
"
ERHC's share of JDZ oil; 1 billion barrels. Once proven, ERHE will be $10+. All we need is time and patience.
Nuf said.
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