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Microcap & Penny Stocks : Environmental Remediation Hldg Corp. (ERHC) -- Ignore unavailable to you. Want to Upgrade?

To: Bob Fairchild who wrote (536)	10/16/1998 11:35:00 AM
From: Ed Silverstein	Read Replies (2) \| Respond to of 671

Bob, We all know that Andy has lost a fortune in this company so far based on the way he is hyping this stock on this board. I have personally put in only about 1 1/2 percent of my portfolio into this one. I knew they were going to perform seismic months before they released the news. But for those who have dumped their entire wad into this unproven company, lets just hope (1) the seismic looks favorable, (2) their geophysicists or contracted geophysicists are experienced enough to correctly process the seismic data using powerful 3-D software (silicon graphics is the latest State-of-the-Art software, and extremely expensive), and (3) MOST importantly have geologists that can interpret the data. This is the most important factor of all. Many fields in the past have been misinterpreted and thought to not have contained hydrocarbons. Now they are going back and reclaiming those misinterpreted areas. I have drilled numerous successful wells (developmental and exploration) in the Gulf of Mexico. My track record speaks for itself. The area (EEZ) where they are performing seismic may be prolific for oil and gas "The Cameroon Trend" based on its genesis in the Gulf of Guinea. But more importantly, lets hope the subsurface development of hydrocarbons have migrated within this area. This has to be proven. Only after this proves to be favorable, then the company will be successful and the share price will increase beyond where most of us have bought into this company. Ed