ERHC Energy Inc (ERHE)

[ts3221]

Great post FTC.

I agree with point number 10. SNP will not release the drilling results. It is not in their best interest. Sneak-attack had a great post on the other board about all of the other minority postion companies. They can't afford their portion of the cost of drilling. With no results from phase 1 and the looming costs of phase 2, Total and Sinopec will be able to eliminate them for far less money than they would if great news was announced. Only the JDZ can can pressure SNP to release results and the may not have the "clock-weights" to do it.

With free carry, we are still in the catbird's seat. Unfortunately it will take more time to play out. IMO