I just don't think mass hysteria over ERHCs chance of finding oil will happen in this oil pricing environment. Look at Africa Oil. They've found a billion bbls oil with far more prospects than ERHC and they are nearing actual production after 3 years of drilling. Yet their share price is languishing.
BTW I can't believe that ERHC disclosed their COS at the shareholder meeting but won't disclose it publicly. If they had done so, I wouldn't need to keep repeating it.