ERHC Energy Inc (ERHE)

[robjer]

degenerategambler,

i can understand you wanting to wait to see whether the whole JDZ turns out to be a dry hole oil-wise.

I'm just saying when longs here first invested, the oil in their minds was a given and the investment in ERHE was based on thoughts that the minnow would get some oil to sell.

now what?

maybe no oil or limited or dry hole--everybody can only guess because of some imaginings about the Chinese keeping secrets or some body else doing that.

maybe no big oil guys want to drill phase 2

maybe ERHE gets diluted going to the AIM--maybe you give up control of your OTCBB shares which are easily traded at Ameritrade, etc., for some exchange where that won't happen

maybe there's oil, but ERHE is going to get squeezed out--investors won't know it until the last minute as this company's PR department is non-existent or some even say misleading.

Again, I believe it's much easier to show more reasons to stay away from this stock than to invest.