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Tuesday, October 14, 2008 9:59:27 AM
Money is leaving ERHE as people are flocking to the bargains that are out there and as the market is trying to correct for last weeks decline. It is a smart move and once the market has stabilized we should expect to see investors look to regain a piece of ERHE and our SP will rise.
The truth is except making the long-time investor a bit happier (or lets say less ill at ease), until the drill bit hits the mud we will not see anything move our stock price like most of us expect.
In answer to a private question I received but have only read this week: When I write drill and 'PERF', to PERForate means to actually blow holes in your production stem and allow the oil to flow into your pipe.
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