Replies to post #302972 on ERHC Energy Inc (ERHE)

[lovemelongtime]

That's what I'm gambling on happening, risk reward glty

[Southern Man]

Possible that CEPSA just buys the whole company, coversion would put us at about a nickel. Then hope for oil in Kenya,Chad, EEZ. wag Seems the best way out of this mess is a complete buy out.

[emdyal]

All of that is quite true but its the nature of the market and a normal human reaction that in the absence of clarity, transparency, and reasonable communication from management the worst case scenarios will surface every time ! Any uncertainty and the market ,to be on the safe side, will always think the worst !

So frustrating that this management has failed on so many levels in their rush to cash their too big paycheques ! Instead of learning from their mistakes and when finding themselves in a hole they just keep on digging !