Replies to post #23232 on ERHC Energy Inc (ERHE)

[freze7]

LOOK AT THE STOCK CHART

One man's fact is anothers suposition, anothers religion, anothers fears;
NO ONE HAS A DIRECT LINE INTO THE JDA, ERHE CHV,XOM, USA

My point is, that we are in an excellent position, but dependent
on unknown factors beyond our control.

Investors depend upon language which,IMHO is, has been, and will continue to
be ambiguous.

Co. Press releases fall under SEC rules and are enforceable,
Opinions are like a===les, everyone has one

Good luck to all
BE CAREFUL. VERY, VERY CAREFUL

This is a speculative stock capable of making great gains
the only ? is when?

http://finance.yahoo.com/q/bc?s=ERHE.OB&t=2y

[350z]

Cvx started drilling on 1/14. Mr. Brandhuber started on 1/25. Did Mr. Offor know of the large oil deposit in block 1 and 2 and then hired Mr. Brandhuber? Could he have known 10 days into drilling? Just a thought.

[balance_builder]

Stockguard...great post. There is probably always an exception or two to the rule.......but we rarely hear about the many trades that actually lose money. A few on here have been forthright enough to post bad trades they made.

To put this whole thing into perspective....PXD has about 900 million barrels of proven oil. They're a large independent and respectable US oil company. ERHC "could have" the same amount of oil resting in this overlap drilled by CVX. This doesn't include ANY of their other properties or even the rest of Block 2 for that matter. Whats more valuable? Proven oil spread throughout the world or the same amount in one oil field? For production purposes.....the one field will be much cheaper to produce. That makes each barrel of oil more profitable for an oil company.

Severely undervalued IMHO. Your post of accumulation rather than trading is sound advice IMHO.