ERHC Energy Inc (ERHE)

[RUBY1100]

I have been pondering what the driving CATALYST has been which has fueled this aggressive run up from $0.18

- in which the PPS was quiet for 4 months and then exploded to the upside to finish at a new 52 Wk high of $0.52 on strong VOL

a] a buying group
b] basic valuation adjustment
c] a Buyin Scenario
d] a Rig Announcement
e] SEC/DoJ Clearance
f] delayed reaction to the Nig O&G event in Feb
g] details of the JDZ Block seismic being passed around
h] long investors topping up
i] SH Meeting
j] New PR Team and first class marketing
etc.

It is hard to know for sure but IMO there must be one of the above events unfolding

d] is the most logical at this juncture as hints have already surfaced that ADDAX is more ready to drill on short notice, the Kosmos financial issues may get us the AA sooner and a Rig of Opp. coming on line.

It is this CATALYST that will not only test our all time highs in the $0.90s BUT will push us into the $1.00 range and THIS TIME stay there and base higher.

IMO the $0.20s are gone forever [say goodbye] hope everyone averaged down - Our time has come and is overdue

Its been a long ride from $0.005

LONGS Will Be Handsomely rewarded !!!