Replies to post #200998 on ERHC Energy Inc (ERHE)

[Dadd]

Sometimes you just happen to find a diamond in rough right under your feet. Some of us just happened to be looking for it earlier than others.

[YankeMike]

We're usually in the Ihub's top 15 active forums, and we have a market cap of around $500MM, so I don't think we've been that low under the radar. Drilling results have been closely guarded, but we've managed to get a few leaks and rumors, as well as preliminary results. Sinopec is doing a comprehensive analysis of all 5 wells. We're expecting results to be announced next week most likely or perhaps the following week.

Mike

[emdyal]

A very good question and deserves careful attention. Difficult to accept all this at face value after all this time of everything moving at a snails pace ! But then even snails eventually reach their destination.

[Al4343]

That has occurred to me also....if this is anywhere near what some of these guys are predicting, why is there only a small number of people with that knowledge...with all respect to MG and the time & effort he has spent in developing contacts, are there not other knowlegeable, influential that have the same access??

Al

[Krombacher]

Ryoko,

Lots of various forms of circumstantial evidence on what has been found in the drilling is out there.

For example Sao Tome is building a port which it can in no may realistically finance through taxing of its population, since the cost is several times that of the country's GDP. By deduction and process of elimination, it can only achieve the payments on this project from revenues it will collect out of the JDZ. Also ask yourself why such a tiny little nation needs a port the size of 2x its GDP?

Addax, it was discovered on their own website, is hiring some 30+ engineers and managers in the area.

And that's the tip of the iceberg...if you are willing to look, the discovery is not as a big of a secret as you might think it is.

So why isn't ERHC's share price a lot higher than it is now...because it would appear only I-hubbers have linked the circumstantial evidence of having found lots of oil and natural gas with the prosperity of ERHC Energy, AND only I-hubbers are not bound by agreements not to buy shares while possessing this information.

Those who know, who really know what is down there, simply cannot buy as individuals. Now Sinopec on the other hand, might be the only 'entity' who can simultaneously know the results and buy the stock/company, but of course, the flip side is that they will have to pay a premium in exchange for that privilege.

Krombacher