Replies to post #255404 on ERHC Energy Inc (ERHE)

[brez63]

"I want to see this company drill some more before they accept any type of buyout offer"

Good call, I certainly would not accept $10 PPS right now because, I too, want to see more drilling!

Cheers
Brez

[emdyal]

On any kind of positive newz the sp could change almost overnight. So the current 10 cent might be less of an impediment to a good buyout price than it currently appears to be.

Is it skeptical, paranoid thinking that management has always seemed to make an consistent effort not to do anything that would enhance the share price ? Obviously they can't mislead shareholders but their pr , newz releases and lack of promotion of ERHE have at least been partly responsible for allowing the sp to sink to the present level.

Its almost immaterial what the selling price might be for ERHC's share of the jdz because i would think that the market would have little confidence that the money could be used effectively to develop Chad or the EEZ. Look how the 35 million has been in effect squandered to give us a 9 cent share price.

My vote would be to absolutely not sell the JDZ. I think that one thing that the sale could buy is a mass exodus by current ERHC share holders.