ERHC Energy Inc (ERHE)

[TOB]

No I wasn't addressing you with the "secret/hidden news" comment.

I've seen a lot of this with ERHE and other stocks with huge potential. It's generally false and very misleading and often gets people in at share price bubbles on hyper-enthusiasm that is not realistic. Or it makes people so fearful so they don't buy when ERHE is in an excellent buy zone.

Also, people get disappointed with the real facts when they've bought into some secret agenda, or been led to believe that there is "great news" about to be revealed and being hidden. So the real good news is taken as bad because it doesn't live up to the unrealistic hype. (Buy the rumour and sell the news.)

Notice that I encourage people to consider CEO Peter Ntephe's value proposition, which is just like Warren Buffet's Maxim. Buy low, ahead of all the hype and enthusiasm when others are fearful, then take profits when you are at an excellent point, when others have given in to greed and think drilling success is guaranteed.

Historically this means buying ERHE in the 10 to 20 cent range and selling in the 80 - 90 cent range with profits of 400% to 900%.

This means doing some early Due Diligence, buying an exploration company like ERHE early in the exploration stage at a low share price, well ahead of the "news" and the pre-drill stage when all the seismic and gravity/magnetic studies and possible JVs are in.

We would need to get the ratio (if not 1:1) to do the math, and we don't yet know all the specifics...once we know, we can do the math.

Exactly my point. Thanks.