Replies to post #243032 on ERHC Energy Inc (ERHE)

[midtieroil]

I think there should have been some plan in place in case this took longer than expected. I'm not that surprised there was little oil. There is hardly any oil in Akpo. And I am not surprised this is taking this amount of time either. What I am surprised about is that ERHE managment has done such a poor job of managing communications and expectations and that they did nothing to diversify the company and guarantee its continued existence until it is almost too late.

Now some want to call me a Monday morning quarterback. Well guess what. I was worried about all of these things a long time ago. I said nothing. I won't make that mistake again. When I think they are screwing up I,for one, am going to say so.

So yes, I do think a lot of the share price decline has been due to the somewhat disappointing results of the first 5 wells. But I also think a lot could have been done to mitigate the decline. And it simply was not done.