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Re: bayfisherii post# 135534

Monday, 07/21/2008 1:07:14 PM

Monday, July 21, 2008 1:07:14 PM

Post# of 361654
First well + 30 months and we'll see a $20+ share price, IMO.

I base that on 5B barrels proved in 2, 3 and 4 as expected.

($13 per barrel proven book value)

ERHC's share of JDZ oil; 1 billion barrels. Once proven, ERHE will be $10+. All we need is time and patience.

Nuf said.