ERHC Energy Inc (ERHE)

[petemantx]

Who are the big investors that are going to step into ERHC now? If they are risk takers and believe in ERHC, they are already in as those of us on this board are pretty much all in. If not already in, why take a risk now instead of waiting 6-8 weeks to get drilling results and basically take no risk (other than possibly losing a bit of the upside should the SP start to rise quickly)? There will still be enough time to make a killing on ERHC after successful results are known. I see absolutely no institutional inflow until proven successful results are PR'd and correspondingly no SP appreciation.

I just don't see that big a following for ERHC currently with a multitude of people waiting on the sidelines to invest. I think most will come only after they finally hear about ERHC after PR's announcing large oil finds. Thus, I find the drilling start date to be no big deal (for SP increase) but the release date of results as the GREAT BIG DEAL. Late Sept thru Oct time to get excited, now too early.