ERHC Energy Inc (ERHE)

[Hawk700]

Try(continued)




""""My absolute conviction that a deal before drilling is a monster red flag. It is a vote of non-confidence by management toward what might be there.""""

I think you have a number in your head on what ERHC is worth, and i think you believe that if there is deal it won't come close to what that number is. That's not a red flag....that's being angry and maybe just a tad greedy that you didnt make all the money that you though you were going to make.

Hmmm....a vote of non-confidence? So let's say Addax buys us out. Is Addax management sending a vote of no-confidence toward what's in the JDZ by buying us out??? Of course not...unless you think that ERHC management knows more about what's in the JDZ than Addax management?


Ok...my three guesses on why your sold 20% percent.........


1)You're getting scared about ERHC and Oily made you panic into selling 20% of your investment.(I DONT THINK THIS IS THE REASON)

2)You know certain information that others here are not aware of and you're acting on that knowledge.

3) You're pissed off about there being a possible deal......so you thought about it...and came to conclusion that Mark's source is wrong....and that there is no way ERHC would make a deal this close to drilling. So you decided to you would take advantage of ERHC's recent run up to the 40's by selling shares and taking some profit. That way if Mark's source is wrong....ERHC will drop back inot the 30's......and you will take your recent profits...and buy back into ERHC....giving you additional shares leading up to drilling.



I'm going with guess number 3....:)