ERHC Energy Inc (ERHE)

[monkeybux]

Go for it, Gambler. It can't hurt...

Of course, at the speed of our government's actions, your letter may take months to precipitate some positive closure for ERHC. And even then, is anyone confident that it will cause a big move in the share price?

Despite the naysayers, I'm still hanging onto a win-WIN perspective on our possible futures:
a) DOJ matters get tidied up and cause a near-term positive effect on SP. (win)
b) No big news comes out this year and the SP waffles around the current levels (not considering AIM listing). Then we wait for drilling news next year, by which time I'll have patiently crammed a lot more cheap shares into my greedy little white-knuckled hands. (WIN)

Perhaps this is an over-simplified outlook, but given its behavior over the past 2 years, this company and its surrounding cast (DOJ, Addax, et. al) have proven difficult to predict, so I've all but stopped trying.

that's my 2cents for August.