ERHC Energy Inc (ERHE)

[redinvest]

Barring any unforeseen bad news, it looks like the 10-12 cent range is our true bottom. I think we hang out here until a ROO for us becomes available, or AA's obligation to Kosmos begins to be coming to an end,or we pick up a few slots from Kosmos, or if we get a new report on the GOG with possibles and probables, more that 4.5 bil in 2-4 or more that 14.5 in the JDZ.

There's a speck of light at the end of the tunnel that will only bet bigger as times passes on.

Perhaps the ABC investigations will find some resolution in the meantime. Pretty much beyond the important dates concerning the SOL issue. My personal opinion is that the investigations accomplished their two main objectives, that being: lowering of our pps and moving SEO off his spot.

So, hang in there. Risk/reward weighs heavier on the reward side at this low price and will weigh MUCH heavier as time goes bye.

Red