ERHC Energy Inc (ERHE)

[Random_K9]

texasspeculator-

That $.32 long-ago valuation you mention is based on the same foundation as the $.90+ was, and our current ~$.30-and-dropping is. If you wish to assign valuation to rights, awards, partners, and PSC's, please feel free. But they do not give us chronic income, or even any whose eventual certainty can be calculated. Additionally (much as I hate it when others use the phrase in a way that assigns intelligence to the entity), the market clearly disagrees with you. And even if you ask among IHUB posters, I think you'll get widely varying numbers for that "valuation".

Until something material happens, the SP is, and has been for quite a while, in the hands of flippers. Why else would "gravity" always come into play, particularly between concrete events?

Need I say, IMO.