Replies to post #95578 on ERHC Energy Inc (ERHE)

[amj23]

We don't know what is down there just because of this print. I suspect much more. Don't forget about 5,6 & 9. The EEZ. they won't be just getting 2,3,4. And who knows what other deals. who knows what mergers will happen. the story has been great so far. I expect the same going forward. I for one will not sit until drilling 08, if that's what we see. move on and will come back. so no move soon, catch you next year.

[brez63]

Tryoty,
I believe you are close to what the current value of ERHE should be when looking at our rights in JDZ blocks 2,3,4. The problem for potential buyers and sellers is probably putting a worth figure on the rest of our rights. EEZ two times 100% rights and the rest of the JDZ rights. This I believe is the sticky point and why we have not seen any conclusion to any buyin/out talks.

Just my thought
Brez

[RUBY1100]

Tryoty is there no premium paid for additional pending blocks
if so $2+ is more accurate [Rights carry value]

closer to $3 IMO

Interesting action again today

HILL Buyer and ARCA Seller -

another 75k trade

something is cook'n

[Spec29]

If all the suitor is offering is 2 bucks...

Ain't no wonder in my mind why nothing is happening. I'd vote against that in a heartbeat if I were to ever get the chance.