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Strategyone

12/19/13 12:01 PM

#283231 RE: DegenerateGambler #283230

Unfortunately, I must agree with most of your post.

Very confident for the beginning of next year but these last few weeks of December will likely be low valuation weeks.

Southern Man

12/19/13 12:30 PM

#283233 RE: DegenerateGambler #283230

Three weeks ago ERHC said they would have results in a few weeks from the FTG Flyover. Whether they release it or not is anyone's guess. If they announce great news of possible billions of barrels we probably go up a few cents and that's for a few days if the past is any indicator of the future.
Drilling is next year so buyers have plenty of time. ERHC needs to sell the sizzle!

WE need institutional buyers and brokers coming in to offset.
We need a BUY OUT!
Another theoretical scenario; ARABS controlling CEPSA see a opportunity to short ERHC to keep ERHC thus buy us for cheap. Same scenario we were concerned about years ago. Welcome to the OTC dungeon.