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View Full Version : ERHE news is out


chinaman711
03-14-2006, 03:14 PM
Takes out .90 looking real good imo on great news.

mhertz
03-14-2006, 03:32 PM
i read the PR -- what's so good about it?

chinaman711
03-14-2006, 05:32 PM
Your kidding right!!!! I added on the close and look to add again if it goes higher tomorrow. Oil looks like it could have another run and spring is right around the corner. Keep an eye on nat gas prices too and if it continues higher watch NGAS and DOIG both good ng plays imo. SU on its way. Good luck

madcowdisease
03-14-2006, 06:36 PM
Your kidding right!!!! I added on the close and look to add again if it goes higher tomorrow. Oil looks like it could have another run and spring is right around the corner. Keep an eye on nat gas prices too and if it continues higher watch NGAS and DOIG both good ng plays imo. SU on its way. Good luck

LOL, good point.

btw, how high do you think SU goes?

chinaman711
03-14-2006, 09:26 PM
SU was 80 last month and i think it will get back to 80 real fast as they are making a killing with the high price of oil and they are getting alot more oil out. In 2005 they averaged 206,000 barrels of oil per month and in 2006 they plan to be at 260,000 per month and over 300,000 per month in 2007. I think oil is going higher for the next few years and oil companys like SU will make a killing. IMO SU is on its way to 100 long term as earnings and sales growth continue to grow. I have the april 75 and 80 calls and hope to get a double in 2 weeks. Long term i think the big winners will be the small canadian oil sands companys like CWPC and DWOG. I would be careful with cwpc right now because many are expecting good news this week and they may indeed have some good news but they also have some bad news coming. Look for them to announce more shares issued and depending on the price the stock could fall a little just like it did last year. DOIG up 29% today and DWOG should get going again soon imo. DOIG sitting on alot of nat gas in canada and has projects in the u.s. too so watch the price of nat gas it just might have another run. ERHE should be another signing tomorrow and its going to get real interesting just how much oil is there. Chevron news will be out soon on drilling results and they should be real good from what i hear. If im right on chevron then ERHE should really get going on that good news. Look for ERHE to get thru 1 tomorrow then next stop is 2 imo. Good luck

chinaman711
03-15-2006, 10:24 AM
SHOULD BE MORE NEWS OUT TODAY on the signing of block 2. Looking for 1 plus today and alot more in the future.

chinaman711
03-15-2006, 11:33 AM
I just added at .969 and am looking for a nice run on this one. Could be sitting on a few billion barrels of oil. Time will tell as news should be out this afternoon on the signing for block 2. This stock reminds me alot of cwpc last year when it to was trading for .30 just like erhe was a month or so ago. Good luck