Saturday, October 03, 2009 12:19:37 PM
Yes, after all, we are drilling or have drilled two holes, that, up to this moment ( most agree ) seem to be quite successful. One in a thousand bulletin board stocks crack the male deer, and from what I can reason, ERHC is about to do just that. Even if our results only equate the NSAI conservative numbers, our valuation will be IMO the three dollar range, which is, incidentally, quite a distance from one dollar.
So, what's not to like ?? No dry holes, no dusters, instead the likelihood of we, as investors and part owners of ERHC Energy, owning hundreds of millions of barrels of high quality, low sulphur hydrocarbons that are a straight shot to the Statue of Liberty, without dangerous straits and terrorists flying around like gnats.
Personally, with some patience, I believe most of us will still be kicking around when we'll be able to positively state our ownership of a company that jumped every hurdle, dodged every rabbit hole, and prevailed against unbeliable odds to come as far as we have, and control over a billion barrels of oil. JMO.
Salute !!
Red
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