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Lugheads1957

08/06/06 3:36 PM

#68797 RE: Dadd #68792

Amen to that post Dadd.

Unfortunately the management of ERHE hasn't given us much to talk about in the past 4 years, so we have chosen to create our own topics, some relevant and some pretty far fetched. I'm not sure how or why the trillions of rumors got started or why they were perpetuated, but I am of the feeling that all things discussed here have a relatively insignificant and short term effect on the share price, regardless of whether they are good or bad news (with the obvious exception of the current investigations).

This stock, in my opinion, will be driven by oil. Yes, oil. Remember that stuff? Oil. We start drilling for it - and the price anticipates it. We find it and the price celebrates it. We don't find it and the price punishes us for it. Everything until then is only temporary, with the exception noted above. Now, that doesn't mean the dynamics couldn't be changed by a corporate restructuring of some sort - move to an exchange, buyin or buyout, property acquisition, new PSCs or change in current partners etc. But eventually, the future of ERHE rests in the findings of OIL.

We won't be at $.50 per share if we have discovered a billion barrels in one of our blocks. On that I have placed my bet, and really nothing else.

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RUBY1100

08/06/06 3:51 PM

#68798 RE: Dadd #68792

DaDD - you said it -

you can speculate all you want - rumors come and go

I believe from various sources SEO is not happy with the PPS wants it higher

this will come

with ...
a] new CEO / CFO
b] news from the company [consortium news]
c] Drilling Schedules [RIG confirmation]
d] partner news
e] commencement of drilling on our blocks
f] drilling results

indications are early 2007 - for drilling - oil should be $100 / bbl by then

OUR STORY HAS YET TO BE TOLD
and
EVENTS have YET TO UNFOLD

so load up now - while its quiet








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umbra

08/06/06 6:29 PM

#68805 RE: Dadd #68792

Well sad Dadd. All this other stuff in nonsense.

Shareholder banter is important in that we do, in fact, share a bond in our respective investments.It provides ones ability to express his/her opinions and whatnot. Some of it is very amusing.

None of it is fact and frankly, none of it has one pence worth of impact on our pps.

What you have listed is the essence of our investment - nothing more - nothing less.

You're a pretty smart chap - for your age.
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Wolfin

08/06/06 7:09 PM

#68807 RE: Dadd #68792

Dadd..........Fact #3 - Oil has been found in the block next to ours. Which Block # please......and which company(s) made the discovery.......

What are the percentages for each block please.........Fact #5 - ERHC has DECENT percentages in all their blocks.
Fact #6 - ERHC has full carries to oil in 2,3 & 4.......

Which compnaies please........Fact #4 - The Chinese have been buying companies left and right..........

PS: read all your posts

TIA