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Re: TOB post# 252612

Monday, 01/30/2012 1:29:13 PM

Monday, January 30, 2012 1:29:13 PM

Post# of 361018
I agree with most of your post except the 1st sentence. An outsider or one getting familiar with ERHC would not concider this issue a good risk at this point. ERHC will not be drilling any wells for God knows when!, and judging by the info there is available even from ERHC, chances of non commercial "look" greater than the converse.Volumes are low and from a trading aspect(IMO, which is not one of a trader),there is little to gain here for the risk of loss.There needs to be more than 5,000. to 10000. dollars traded per day here for anyone to look this way.
JMO- longs are averaging down as I, and many have and are.(if you still believe).
I believe the story is far from over....but time lines might preclude me from enjoying any rewards down the road.