Environmental Remediation Hldg Corp. (ERHC) Message Board

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

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To: Brian Patrick Higgins who wrote (565)	12/25/1998 10:01:00 PM
From: Sinasi Ugraskan	Read Replies (1) of 671

A couple of months ago, I posted that this stock would go to 1/4 and now it is definitely going below 1/4, because there is so much oil and so many wells are being shut down. ERHC hadn't even started any drilling and now would be a bad time to drill since the cost of production is higher than the oil prices. I think everything will be on hold until the oil prices rises to at least $15/bbl which could take another year or so. Under these circumstances, ERHC is dead. They should have built that old tires recycling plant instead. If you want to still buy it, wait until it comes down to 1/32. IMHO.

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