drilling again, page-3

Hi Koj

Big target they are going for...we should know shortly. Risky business this oil exploration though. Look what happened to 3D Oil today.

They have good ground and good management though.

I personally have bought a lot of the ERHO options because they have a piggyback option attached...problem with this is that there are not many options on issue so liquidity is a major problem for me if i need to exit.

The way the piggybacks work is that for every ERHO you exercise (10 exercise price) you get issued another 20c ex price option free.

So if SP moves above 20c, its basically double your money from there.

But like i said with the liquidity issue, if SP doesnt move up...

Cdchi1