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Strategyone

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Strategyone

Re: coydog post# 35534

Wednesday, 03/11/2009 12:19:39 PM

Wednesday, March 11, 2009 12:19:39 PM

Post# of 46420
coydog,

Good to see you are still watching ERHE. With the news from Addax out today, ERHE & Addax may be good plays as they go through the phases of drilling and announcements. ERHE still hasn't PR'd this news so the volume is still low (IMO). Since the drill ship isn't going to be on site till the end of the 3rd quarter we should see several spikes going into the 4th quarter but with a general uptrend from these recent lows. Even with horrible markets, I suspect both ERHE and Addax getting better than average accumulation over the next 6 months to a year.

Good luck

(Edit) ERHE just PR'd it 15 minutes ago
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