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Re: A deleted message

Monday, 02/04/2008 5:10:40 PM

Monday, February 04, 2008 5:10:40 PM

Post# of 361410
hungryhippie, ERHE would do best by keeping ALL its cash in its pocket and not spend ANY of it on an acquisition until the government investigations are resolved. Cash may be needed to pay fines or at minimum continue to be able to pay the attorneys to fight Uncle Sam. Any acquisition at this point in time would not be prudent and would put a severe dent in ERHE's cash on hand.

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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