ERHC Energy Inc (ERHE)

[petemantx]

I am expecting a gradual but steady rise in SP once we drill as opposed to a meteoric rise because we will not be hitting an "elephant" but targeting many nice sized pools so that in total the amount will look impressive but not immediately after the first drill or two. ERHC may say that we have hit on the first XX number of drill sites and if the remaining targets with the same seismic outlook do the same we should have a total of approximately XXX barrels leading to a major market response but I just don't think it will happen over the space of a month or two. I am inclined to believe we will have a very good year or two of steadily increasing SP that could possibly spike tremendously if good news on other fronts also come to pass (as in the EEZ, onshore, gas potential, AIM acquisition, Petrobas/Total/Chevron or whatever alliance with us in whatever manner, etc).
I have stated that I plan for the worst so as to be pleasantly surprised should things go better or faster than I expect.