ERHC Energy Inc (ERHE)

[badog]

leo1,....disregard my post. And my apologies, Sir. You have been here way too long for me to giving you advice. A long range chart, I know, shows the extremes you have been thru...several times. When you have been let down as many times as yourself I can understand you skepticism of everything at this point. I have no business telling you long timers how to feel.

As to your second question, I am relatively new here. I have no idea of the # of shares the average poster has.

As far as time frames...I would suppose it could depend on Chevrons find. That would make a big difference. I am hoping for $5-$10 the first year. Also depends alot on how fast the drilling rigs can begin arriving, and what they find. Really hard to get a handle on the time frames at this point, when we still don't even know who will be chosen for that function in block 2.

I don't care near as much about production as I do about reserves to begin with. Keep those rigs moving and drilling. The speed at which Chevron has moved in block one is what I would like to see. Then with any luck we could see a dramatic SP improvement every year if we had drilling going on in every block simulateously. But I haven't even seen a proposed schedule. And it seems like nothing ever goes as fast as I would like. As production begins we can start talking about our share price in terms of multiples but I thought I saw that production of any major quantities wasn't expected until around 2010. Hell, who knows, we could be bought out by then. Depends on how long term Offor looks at this.

I guess I have never seen a stiuation like this where a minnow grabs onto this much so early in thier history...with big partners handling most of the up-front costs. This allows for the potential of some pretty explosive growth in a short period of time. The first couple of years should be very exciting. It will be interesting to watch.

All the best

Badog