ERHC Energy Inc (ERHE)

[wqcustom]

I believe today's 15% SP drop is pretty simple to explain. After the recent rumors and news posted on this board, many believed that drilling results might be coming within 'weeks' as PN said himself on the company web video. However, during the CC today, Dan Gralla mentioned more than once that it will take 'several months' for results. Did anyone notice how many times PN said the word 'patience'?? I bet at least 10. He also confirmed that we are not in any talks of being bought out, and have not been approached of such.

So...why should anyone buy this stock in the next month? What's the catalyst that is going to take us higher in the next 30 days? Why would a new investor join now and not wait at least another month?

The majority of this message board are longs that aren't going anywhere and will wait it out some more. That's nothing new for most of you, and I will wait it out as well. What we got today was confirmation that we are months away from results and as much as most don't want to admit it, jake's forecast of March 2010 may prove to be early.