Yeah I spend too much time on ERHC. I expect to lose money on some of these plays because oil exploration is a risky business. And I accept that risk. What I will NEVER accept is the seemingly intentional lack of full disclosure and the inexplicable lack of holding anyone running this company responsible or accountable for anything no matter how poorly they perform and no matter how many times they screw up. I have NEVER seen anything like it and I have been investing for a long time.
Something about this company is rotten and I plan to hang around to see how it plays out no matter how much pressure I get to do otherwise. That just makes me even more suspicious of ERHC.
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