ERHC Energy Inc (ERHE)

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Posted by: getit Date: Wednesday, April 28, 2010 10:07:56 AM
In reply to: None Post # of 212683

i think we are back to square one as when we were waiting for rig news in jdz. Hope for drilling in EEZ. I believe drilling in EEZ is at least 2 years away. I had high hopes with this investment. Florida condo....early retirement...etc. I had 600k shares at one time. Sold 350k and locked in profit to hedge my bet. Sold last 250k in last couple of days at a 20k loss on those. Had to pay the Uncle Sammy but still made about 80K. Good luck to all. Sorry it didn't work out like we all dreamed. It may still prove to be very profitable for some. I believe at this point..the speculation level has risen beyond my comfort level and looks again to be a Gamble. Not willing to wait the years needed for EEZ at this point. Will be watching to see if ERHE can hold out with funds dwindling. I may get back in but out for now. Good Luck Everyone.