Replies to post #38752 on ERHC Energy Inc (ERHE)

[Hdotmycom]

Spec - thank u - I assume u meant insult in the 'blind fool' comment but I will not take any.

Meridian has added facts and also slant both ways - that's obvious.

why 'they' would be 'worried' about the share price unless they profit from it short term is a REAL mystery.

It seems u r also saying $2-$3 (per meridian) in 2 years is just a nice conservative view - while not a few weeks ago u were thinking(posting) reserve valuations in double digits within a year or so if memory serves - is that right?

Good night and Good luck :-)

[RUBY1100]

Spec Thnaks for this clarification

Waiting on CVX to Confirm the rumors already

"Fellas, I think Meridian's $2 to $3 dollar...

valuation is based on the original expected reserves in blocks 2, 3 and 4. He's not basing his numbers on a Ghawar sized field. Management's original valuation of ERHE's shares was $2 to $3. The current thought is a "possible" valuation of around $9."