Replies to post #33804 on ERHC Energy Inc (ERHE)

[JBond007]

This week I had a conversation with the Chairman of a large NOC (National Oil Company) subsidiary which invests outside the native country in international opportunities)here in the MidEast. For his company's plans to increase E&P production they are actively buying into other geographical areas where they can. He mentioned he has instructed his staff to not go after areas where the Chinese and Indians are bidding becaues of the high risk of overpaying for assets and they are alsways in a bidding war driving the price uo too high. I causally mentioned "Are you looking at Nigeria and even San Tome JDZ prospects now?" He replied yes. West Africa is one area we find attractive and plan on exploring as much as possible if we get the right opportunities. He also mentioned S Korea was becoming more aggressive in bidding for O&G production. I hope this helps somewhat and to me it validates W Africa and our particular region as something the big companies are in fact reviewing.

[trade2much]

WOW now that's an inquisitive approach! imho These boards will not disuade anyone who has done DD, and any who have not, should not invest anyway. If a message board convinces you to buy then there is a real problem. You must think there is a huge number of ignorant investors out there just waiting to buy and who will not do any DD, or perhaps you feel that if it is mentioned here the company may actually propose it. I truly doubt it since 303 million shares is owned by Chrome oil to begin with, and they call the shots.

The stock is fine and it will be in the foreseeable future, there is no need to be nervous relative to this issue, no one is bashing.

In any event, this issue has been vented and I feel I need not beat it to death further; so you will get your wish.lol *However I am not too worried about scarring off potential *long term investors *imho They would be short term traders, not long term investors, and there are plenty of them to begin with, *their profit taking held us back the last two days, so if they don't buy it is no great loss we will go north with fewer retraces, but more meaningful ones. jmho