ERHC Energy Inc (ERHE)

[Krombacher]

HDY's market cap is $60 million too. So I fail to see how HDY is somehow better than ERHE.

Second, we know that ERHE managed to get its Kenya blocks due to the networking and shrewd hiring of Peter Thuo.

Thuo worked for the Kenyan oil arm and was well suited to picking out a fine property while ERHE had the appropriate connections and resources to get a good bargain on the block.

This was also before Twiga, Ngami, etc., which were huge oil discoveries.

Things change and the value of ERHE's Kenya block has changed...they can get quite a bit more than they paid for it.

Seems, ERHE has made an excellent investment decision when it comes to Kenya.

Has ERHE always made excellent investment decisions? No. But all it takes is one good one.

Krombacher