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Re: courtpuppy post# 277313

Wednesday, 08/14/2013 5:12:09 PM

Wednesday, August 14, 2013 5:12:09 PM

Post# of 361612
I think it was a FAR better play when ERHC had $45 million in the bank, had full carries to first oil and were about to drill 4 deepwater wells in the JDZ that could have held billions of bbls of oil. Now, after 5 non-commercial wells in the JDZ, not so much. Now I just think their assets are very ordinary and I'm just waiting for a better exit price to get into something better, that has a shorter time frame, that has more potential and that has better management. I already own a few of those type of companies and I know of a few more I prefer. Come on ERHC get a deal done so I can leave and be on my way.