Replies to post #207987 on ERHC Energy Inc (ERHE)

[mz157]

how much more authentication do you need? Maybe the guy hand-delivering it to midtier with a notarized signature would suffice? some of you guys are nuts!

[mccir]

Wasn't planning on buying more but when it drops into the low 40;s I will . I would liike to see it go to the 30's before news and then that would be very good for buyers who are tired of the 40 cent play but would consider 30 cents a nice entrance. If we are going to flounder lets go down and allow for a great buying opportunity for those of us who play this stock.

[midtieroil]

Did it ever occur to you that maybe what the Addax guy said is true? It is certainly more true than the claims that results were coming out 3 weeks ago and it may be from a better source than the guy at the JDA who seems to never be right about anything. Yet for some reason you and others seem to believe him every time because he tells you what you want to hear.

Time will tell if my source is accurate. I think it is VERY possible we will not get drilling results and all we will get is confirmation that they are proceeding to phase 2. I can't find where SNP has ever given what I consider drilling results which would include estimated reserves,thickness of the pay zones and flow rates. Also they may or may not declare commerciality. They could delay that decision until after phase 2. Bottom line is, I think we will hear something but it may not be everything we want to hear.

So I see it as 3 possibilities. Confirming that they are proceeding to phase 2, confirming commerciality and, finally, providing actual drilling results. I hope we get all 3 but I'm not counting on it.

I guess a 4th possibility is that we hear of some buyout of somebody but I consider that a different issue. I'm just trying to keep it real here. Sorry if that upsets you.