Replies to post #180935 on ERHC Energy Inc (ERHE)

[lovemelongtime]

2nd that.

[Fishdog]

Actually, speculation is what this board has done very poorly, Strass. ERHC Energy has positioned itself very well to take advantage of a higher value once proven reserves are booked. THEN, and only then, will the company have tangible, valuable assets around which to grow the company. They are very close now .... and they are to be commended for not jumping the gun. I contend that what you will see this company do through next year and beyond will bring you many restful nights.

[ssc]

IMO, the price is well below $1 because of the fear that the company won't be bought-out (and the chance that round 1 of drilling won't find commercial oil). Heaven help us if the real plan is to wait for royalties or pursue the growth strategy that management has talked about at various times.

[Opus X]

ditto.....big time ditto............

Opus X

[emdyal]

But if they have no plans to build a company then why would they sell assets ???