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Re: Southern Man post# 215184

Tuesday, 05/25/2010 2:07:31 PM

Tuesday, May 25, 2010 2:07:31 PM

Post# of 362434
I agree with you as to the quandry of just where ERHC stands at this point in time - at best we could be sitting in a fantastic position with the geology from the first drill program showing we have lots of probable assets and a lot of background activity is progressing between the major players for development of our blocks or, at the worst, we did have weak findings from the drill program and we will need more drilling to find the assets that are in the blocks.

To assume we are looking at a dry JDZ is beyond belief and illogical.

The main problem I see for ERHC stockholders is not whether we have assets (as I would place large reserves at a near certainty) but rather the timeframe we are looking at for those assets to be announced and stockholders to finally see the return on our investment. Some say prior to Sept, some say in the Fall 2010, and others projecting maybe years away. We keep progressing on as the old naval saying goes "time, tide, and formation wait for no man".