Until someone sells, nothing is lost. Likewise, until someone takes profit, nothing is gained. A lot of people bought shares around a dime a little over a year ago. ERHE is *not* a bad stock because you didn't! I understand your frustration if you recently bought, believe me I do. In that regard I was you in 2006. I bought the PSC run and I bought heavy. In hindsight I was a fool to do that as I knew nothing of the time it takes to do anything in deep water. You are lucky. You bought the anticipation run waiting for drilling results. Whatever the outcome, your wait will be far, far shorter than mine and many others. Most here have dug into the bowels of the beast in their DD efforts... many just after there purchase (LOL!). Most now accept that to maximize their gain they are forced to ride Emeka Offor's coat tails. The maximum asset price based on the value of what is found will be solely controlled by Offor.
That has been true about ERHC for 7 years. We don't need to have an exit strategy, he has that planned already. Our task is to not lose our minds waiting, and to go on a diet and start an exercise program to insure we live long enough to get there!
Try to find comfort in knowing that you avoided many years of waiting... and that gut wrenching drop to 11 cents!
If you can't deal with it, I understand, and good luck. If you can stick it out, it might be the best move you've made. Only time will tell, and time is what makes this the hardest.
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