ERHC Energy Inc (ERHE)

[Nightdaytrader]

I have held erhc for about 20 yrs and believe in erhc but “hundreds of billions” is crazy talk and not realistic..

Just look at kosmos energy.. they discovered 100 trillion cubic feet of natural gas, offshore Senegal and Mauritania.. the 4th larger natural gas find in history !!!!!! Do the conversion from natural gas to oil.. it’s basically billions of barrels.. yet kosmos isn’t worth “hundreds of billions.” Just because you have oil assets or find oil and or natural gas, doesn’t mean you can produce the oil.. you need partners and an infrastructure that costs billions and billions.. so even if erhc has lots of oil in their blocks, they will have to give up huge percentages to partners, in order to bring it to market… so erhc will never be worth hundreds of billions..

Jmho.
Nd9