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retep0517

01/17/10 8:02 AM

#194851 RE: Krombacher #194850

I already mortgaged my wife. Unfortumately I didn't get as much as expected but I was able to buy 2 1/2 shares with the proceeds.
Peter
PS I want a ton of circumstantial evidence and, seriously, I think you're providing solid advise.
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DegenerateGambler

01/17/10 11:22 AM

#194863 RE: Krombacher #194850

Krom, I too am in full agreement with you about buying more shares now in the low 50s as the general investing public is just not aware yet of what ERHC has and thus not reflected in the SP. Why would Addax need all those oil type employees in the Nigeria area in not for developing the JDZ. It appears the members here of IHUB have "advanced" (insider?) knowledge about what is going to happen in the JDZ that the other investing public does not know about. We should all thank those here that provide the due diligence for the entire board. What a find by Kingpindg and the others who somewhat verified the job listings. I would this is enough circumstantial evidence to convince the jury here.

As far as me personally, I am not sure how I could possibly talk Mrs. P into investing any more money into ERHC. She still brings up past failures and still would rather sell now (guaranteeing a profit) than to invest any more money into a stock I (her and I actually) are very over invested. The shame of the matter is that I recently came into a lot of money (over 100K) that is sitting in cash. I can not tell you my desire to buy more ERHC with this money, but family happiness comes first. I have plenty of shares to make my family VERY happy if this SP hits the dollar(s) range, so there is no need to be greedy. But when do opportunities like this come along? My favorite expression is, opportunity is always knocking sometime or another, you just have to know WHEN to open the door. For those here who do not open the door at this time (in the low 50s) you may be talking about this lost opportunity that you KNEW you just have opened the door on. IMO, this is so much less risky than when I bought about a year ago at 10 cents. Back then the risk was still very great.

Ps: I thought I could get some extra cash by selling my African watch I bought online from a Nigerian, it was supposed to be a gold Rolex, so I paid $10,000. When I tried to sell it, it was not gold, not a Rolex and told only African time (not just a little slow, but VERY slow). Does anyone here need an African watch? It helps you be more patience while you wait for the release of the drilling news. The watch even has an African calendar in the middle, which shows all 12 weeks in January!
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ts3221

01/17/10 7:32 PM

#194914 RE: Krombacher #194850

Krom, I have a success story to share. I have a friend who did what you described with Ford Motor Company Stock with a quarter million dollars (everything he had) when it was trading at 1.00 Dollar. It is now at 12.00 and he is talking of retiring at the ripe old age of 46. I am hoping for the same thing with ERHE! The bummer is that he did it in less than a year and I have been here now for over five.