Replies to post #319938 on ERHC Energy Inc (ERHE)

[manuel06]

Yes....but in the last 10-15 years outside of acquiring prospects that are unproven ,they haven't done much of anything right.......but you know best for you and the trades for milrays

[midtieroil]

Yeah it will either go up or go bankrupt. Looking at the current balance sheet and ERHC'S inability to raise capital other than by toxic convertibles I would say the latter is far more likely. This mantra that ERHC can only go for up from here and is undervalued at this price is pure nonsense.