ERHC Energy Inc (ERHE)

[Julius Erving]

What you always seem to forget is the fact that any terms of the deal between ERHC and TOTAL (called by you as: "the possible deal" lol), results in a much higher share price than currently is the case.

So you don't need to know the specific terms in order to be able to conclude that the current share price does not reflect the current value of the this company. And what you certainly can't do is make the claim that at this point 'the market' is right in it's valuation of ERHC! Or that the contract "possibly" does not exists at all.

Actually, you are saying this yourself:

If no one knows the terms of the possible deal, then how can anyone know it is worth (...)

And that is what WARREN BUFFETT is trying to make clear to investors accross the globe: you cannot say anything substantiated about a company by just looking at the share price of that company, as a lot of ERHE shorters constantly do now!

So all this is very bad news for ERHC shorters, since it proves beyond a reasonable doubt that ERHC is factually (probably grossly) undervalued.

And the fact that we can conclude that ERHC is undervalued, instead of claiming it is at the brink of a bankruptcy (for years now, lol) is all a genuine ERHC investor needs to know.

Anybody would be pleased with such a factual conclusion, but that is not the case, for obvious reasons.

The Doctor.