ERHC Energy Inc (ERHE)

[oilman57]

CNR is a totally different animal IMHO. First of all they were basing everything on ONE high impact well. So it was all or nothing. Whereas ERHE will have multiple high impact wells on multiple blocks. Secondly, they (CNR) tend to issue gawdy press releases and overpromised while underdelivering. ERHC rarely has done that. CNR has that kind of reputation in the industry thats why I always avoided the stock. This stock has much more potential. I actually believe ERHE will be undervalued after awards. It will take time for it to reach a price level that reflects the enormous amount of oil and ng potential it will have percentages in.

Having said that if awards dont get done this will all be a moot point.