Environmental Remediation Hldg Corp. (ERHC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Environmental Remediation Hldg Corp. (ERHC)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Andy who wrote (437)	8/2/1998 9:53:00 AM
From: fuzman	Read Replies (1) of 671

Andy I don't know why you bothered responding with such a lengthy rebuttal. If these guy's had bothered doing any D.D prior to investing they would have know all this, if they are investors? Just for a moment let's just suppose that between the J/V & the oil companies that they produce 500,000 BOD & ERHC's cut would be roughly 25% & oil prices are $16 a barrel & production costs are $10 a barrel well that leaves a profit of $6 a barrel. I don't really know how much production cost would be but even if they were $12 the company would still be looking @ $600,000 a day profit or 146 M a year & let's suppose 100 Million(extra shares for financing projects) that leaves $1.46 per share profit @ a P/E of 20 is $30 a share What are you whining about? And let's not for get the logistics centre. Which revenues are said to be very significant. While the company has made some bad moves in the past they have decided to concentrate their efforts on the Africa project for now. Panama is being held up by bank mergers & we won't see any thing for a while. Perhaps you guy's would like to see a financing @ these levels & issue another 60 million shares ya right. All I can say is be patient there is more news to follow, If your not in for the long haul Get Out Regards Tim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next