Replies to post #93597 on ERHC Energy Inc (ERHE)

[balance_builder]

NDT...Electick answered this very question 5 months ago today on October 19'th when he said,

"By: Electick Send PM Profile Ignore Recommend Add To Favorites
Posted as a reply to msg 2527 by rocky822

bedford dolphin
I have nno knowledge about the bedford dolphin, but I am checking. Yes if I had cash available I would be a buyer. I however am fully invested at this time.

Cheers"

[Electick]

I have sold only once in 7 years and it was the day of the Coup in STP. Bought back the small number that I sold, the very next day. My feeling is that the assets are so good that even SEO cant screw it up any more. The doj scrutiny is probably a good thing since it is a determinable risk unlike some of the other nigerian risks which are somewaht mitigated. This was a very risky investment 5-6 years ago and it was a wild and wooley ride. Now I speculate the risks of loosing the blocks are for the most part gone, so it then becomes merely a matter of valuation. IMO SEO holds the value down as does the uncertain nature or the reserves. These things could change dramatically for the better with the passage of time and a different brand in the chairman's seat. I dont think they could get much worse.