Replies to post #267802 on ERHC Energy Inc (ERHE)

[badog]

A JV farm-in is not taking the Value Proposition by buying ERHE shares and selling them at a profit. The JV is making a very different bet on drilling, and is quite content with the low percentage of discoveries.

Stock investors and oil exploration companies are in a very different business.

Stock investors invest on the idea that a company will prove up extra value at a later date. You are talking about 'stock traders' like yourself. I think you are not clear on this.

What there is a lack of is positive investor sentiment and excitement in ERHC.

Exactly my point. Why is that? Could it be the current risk?
And again...check AOI. The sp soared 'after' oil was found...not so much 'before' oil was found.

Badog