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Re: nevERHEsitate post# 171442

Tuesday, 07/21/2009 4:08:20 PM

Tuesday, July 21, 2009 4:08:20 PM

Post# of 361654
Speculation is the game at this time. On previous runs what was the reason it ran. Years ago we were not as well off as we are today, with the drillships ready to begin and conformation awaiting. The price of oil back then was not even twenty dollars and today sixty plus. We do deserve a vast price increase only because our drillships can find the target. If the location explodes we hit only one of many more to follow. Yes I believe it is worth much more per share now then before we ever got to this position. The shareholders did gamble that the oil will be here or they would not have even purchased one share of this BB stock for any price. If you believe that the oil companies after reading a seismic and then invest hundreds of millions in blocks only on the pictures they see,well I will continue with my small investment. Hit or miss that is the investment, we should all be willing to take after DD. As far as I am concerned I am one of the many gamblers (investors), willing to take a chance on what I believe. Might not be what the prudent investor does but I did my DD and was satisfied. So each shareholder has to do what they feel confortable with. I have belief that ERHE will hit the jackpot and all will be well. I don't look at defeat with this investment, I look at future prosperity. I believe it will happen and SEO will make it happen. Oh yes, how much did SEO invest in this venture in time money and politcal asserts. i believe we will behave a very positive outcome.OMO.
Rapp jr