ERHC Energy Inc (ERHE)

[travel12343]

I don't know many of you are so confident about the fortunes of ERHC.

All based on speculation?

What am I to think of what Joe Shea wrote on Nov.30:

................."In the back of my mind I harbored suspicions that the Nigerian government itself had devised and perpetrated a huge fraud on oil giants and oil pygmies and their investors alike. Now that suspicion has moved to the front, yet it's hard to let go of the idea there's lots of oil there for those lucky enough to find it.

But there were tremendous "flame wars" against anyone, including myself, who raised questions about the prospects of a big find or even the completion of the JDZ oil-sharing agreement. The supposed "smart money" in Texas and Louisiana that swore by and at the company are now probably counting the money they made pumping the stock as they sold it. Some no doubt are counting their losses".......................

Seems he has given up on ERHC ?