Do you recall how long it was from the day ERHC announced drilling was completed in the JDZ to the time the drilling RESULTS were announced? As I recall, some people were still claiming ERHC had proven oil a year after they announced drilling was completed. And if the drilling results are actually known NOW as you say, why is the price still under 10 cents?
Another thing to ponder. If positive results from this well will take the price to even $2, why is it trading at 6 cents? The probability of success has been set at about 20%, 5 to 1 odds. Yet the price you are predicting is 40 times higher or more. At 5 to 1 odds of a $2 payback, the price should be 40 cents yet it is a fraction of that. What is the rest of the world missing that only a few seem to see? And why are even those few not interested in buying above 5 or 6 cents? The differences between reality and fantasy predictions are clear and glaring.
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