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Wolfin

04/17/06 9:39 AM

#44733 RE: david02835 #44716

I think oil may drop below 60 again but how far below is the question....but then again you have Iran, Ven.. and the rebels in Nigeria all causing a commotion...the only thing I can suggest is that if it drops in the low 50's buy, buy, buy all the best oil stocks because it will rise again and break through its high as it has been....and thats how markets work....its just that time has no starting and finishing point...IMHO

The other thing thats going for ERHE is it is possibly sitting on one of the bigger oil fields of this decade and that is $ in the bank for stockholders.....