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Re: doubleaa post# 211821

Wednesday, 04/28/2010 6:03:49 PM

Wednesday, April 28, 2010 6:03:49 PM

Post# of 361437
no ERHE will be back once the EEZ and JDZ get drilled
but the issue here is simply more and more fortnights if not years for new PSCs / new drilling campaigns / analysis and results

and now more than ever the JDZ phase I appears to be far less than expected amongst the many years of hype and potential of giant finds

perhaps there will be commercial oil and gas - but for now assume NONE

Shares at .20-.30 are basically risk free long term

no rush to buy presently

maybe Oilphant got it right about ERHC going private eventually

ERHC Management are a sad bunch - 10 years never over $1