I would like to thank Cdchi1 for getting me into this stock but I would also like to thank my broker from Patersons in Perth for his terrific research, contacts and wisdom that comes from many years of experience in the market. I didn't actually get any of these until I consistently read it in my brokers reports. I got the message. I should have been in the shares and the options when I was first told in November last year.
Most of all I love the fact that my broker works the end of the market that I enjoy, the juniors that can become mid tier producers and hopefully one day turn into blue chip oil and minerals and precious metals producers.
Not everyone has the time and the inclination to do all the research that a lot of you do ( I am not saying that I am one of these because I love to do my research after I have been given a recommendation ) so they choose, very carefully I hope, a broker that specialises in this area of the market. Most brokers don't do the research that my broker does and I don't know how many of you can say that your broker producers 10 bagger after 10 bagger.
I guess that a lot of you don't want to pay the brokerage for the research but to me it's a small price to pay for a lot of knowledge, contacts and research.
I also am guessing that a lot of your brokers haven't given you the winners that you are now onto.
As for ERH, I am very confident, that a lot of you have done your research, that I have read it and re-read the Mercury Report and all the announcements a couple of times and have come to the conclusion that no matter which way you look at this stock, it's going to be a producer in Brazil within a few kilometres of a pipeline. Development costs will be minimal in comparison to our offshore counterparts. That ERH has found a sizeable oilfield and is close to another in 430b and will producing 1,000's of barrels of oil within the next few years is ust brilliant. It has the potential to turn its shareholders into millionaires.
I am confident that with our JV partners, ERH will drill more winners with Silver Marlin.
Do your own research, re-run the numbers on production and revenue and come to some conclusion. I doubt that you will conclude that this stock is moving down to 30 cents. I think just quietly you are saying to yourself how did you come across this stock, one that has the potential to see a few $$$ in the next couple of years if not the next couple of months. I know that I will be waiting to see what comes of the flow rates, the next few wells and the future of ERH.
I will be around to enjoy the fruits of Phil Galloway and his team's endeavours in the fruitful oilfields of Brazil.
Good luck to you all and bring on the flow rate testing.
I believe these are the facts and if you think it's called ramping then that is your opinion and you are entitled to it.
Regards
Kojasper
- Forums
- ASX - By Stock
- ERH
- brokers and recommendations
brokers and recommendations
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ERH (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online