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Post# of 363245
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DegenerateGambler

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DegenerateGambler

Re: None

Monday, 01/15/2007 12:33:01 AM

Monday, January 15, 2007 12:33:01 AM

Post# of 363245
The shareprice is where is it is because ERHR's only asset and only way is make ANY is totallly based on its oil rights and IF there is any oil. The market HATES uncertainty and that is reflected in the shareprice. When, and if the uncertainty (how much oil is "owned" by ERHR) is removed, the shareprice will reflect that. Until then, all the hype in the world will not help the shareprice, only when the oil is proved up will the shareprice will rise (probably a 2-4 times increase) if the announcement is what most here believe the oil reserves to be (16-18 billion barrels).

The $64,000 question is: Will there be a Rig of Oportunity or do we have to wait for the AA begin drilling On Oct 1, 2009?

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  • 1M
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  • 6M
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  • 5Y
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