ERHC Energy Inc (ERHE)

[badog]

phonemanfl...

Where do you get the idea that everyone is hoping ERHE will tank so we can buy back. I got out when I finally realized that this stock is on a very slow road to....well....I guess no one knows.

I have no problem waiting to see if investors head for the doors and then buying some cheap shares with a small portion of my investment dollars. Unless I think it is way oversold I will not touch this again. This is a complete roll of the dice. Red...or Black. Win or lose.

I would guess that the one thing that keeps ERHE from falling below .20 right now is the EEZ rights. The EEZ could bring in some cash....sometime. But when you divide that by 750million shares...well...?

The JDZ just seems like a lost cause to me. It doesn't seem that there were any big finds so they must find a way to make it feasible to go forward...or forget it. Hell, China may take any oil/gas they can get whether it is profitable...or not. So even if they move forward there is no guarantee it will ever amount to any profit for ERHC. A marginal field is not what ERHC needs. No one ever likes my posts but so far I have been more accurate than all those other senerio posters and insider info guys.

Badog