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vip1999

08/21/09 8:52 PM

#175677 RE: YankeMike #175676

That's right YankeMike! If a little company that has a 6000 Barrels/day production is worth more than 1 Billion dollars on the market. I don't see why ERHE will be sitting below $1 with possibly more than 6000 Barrels/day in production. All hinges on what our partners finds now.
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doubleaa

08/21/09 8:52 PM

#175678 RE: YankeMike #175676

Mike,
Appreciate your posts but I " promise " you there will be a TON bail around $1.00 to many years . to long. and not solid investors. You and I both know who the LONGS are and this will show in time. Not being negative but my money says watch the new faces. Heck I got folks I told in the $.30s to buy calling me now saying " WOW were in" nice run this week :o(
AA
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miamidrift

08/21/09 8:56 PM

#175679 RE: YankeMike #175676

Yankee,
count me in with the longs. Affirmation of my long term look is based upon discussions with doubleaa and his comments on the board. That guy knows what he is talking about big time. Doubleaa has a great deal of knowledge, experience and success in the oil patch.


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petemantx

08/21/09 9:58 PM

#175686 RE: YankeMike #175676

YM, I agree with your post.

We may stay around the $1 level during the next month but come Oct when results start coming in I expect ERHC to shoot far past $1. Why would someone have stayed in the last number of monotonous years to sell within weeks of results?
The longtime posters I expect to be here at the end of the year almost to a man (or lady).

I say that the gains we saw this week will be the average (or even below average) per week til the end of the year (not each week but at the end of the year I think our price will be significant) because I believe we will hit it big in all block drillings. I do not view ERHC as a one trick pony, we have enough on our plate to keep our current value and even increase should our drillings only prove marginal in the first few wells (but how many really believe KINA,BOMU, and LEMBA will all prove on the low end)?

Extremely happy for this week but between now and drilling results I am not concerned what our SP does (I don't expect it to decrease) as it is post-drilling that has my total attention and the cause of my excitement. In fact, I expect to be exasperated over the next month as there will be those agonizing over every trade between now and then and posting over each triumph or moaning their despair.

Very confident in our position and probability of success. I will be here with NO sales before next Spring at the earliest. I would consider $4 a slap in the face so my sales price is obviously much, much higher.
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tryoty

08/21/09 10:31 PM

#175691 RE: YankeMike #175676

I think it's easy to forget that 99.9% of the investment world hasn't heard of ERHC Energy yet.

There *will* be buyers... all the way up.
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doubleaa

08/21/09 10:40 PM

#175693 RE: YankeMike #175676

Of course you are right but watch and see what happens, respect your posts
AA