Replies to post #175677 on ERHC Energy Inc (ERHE)

[petemantx]

I think you are missing the expectations for production by MULTITUDES. Possibly greater than 6,000 BBL/day? If we hit what we think is going to be hit(say 2B BBL recoverable oil for the entire 3 blocks and I think that is pretty conservative), then you would be talking 250,000 BBL/day for 8000 days (or over 20 years)!

Not saying this will happen, just that there is a decent chance it might and who would consider cashing out at $1 when that type of return is possible?

I realize some are in a position where they can't take any chances and have to play it extremely conservative and my posts are not directed toward them in anyway. I applaud the profits they will make at $1 or wherever they feel is appropriate to sell.