Just because management havent got a clue how to write decent announcements, that doesn't mean its no good.
We will only know whether 430 is a goer or not when the company tells us...and they have not done so yet, and I'm talking about the entire well, not just the middle interval.
I received a reply from Phil regarding my email about the quality of their announcements. Happy with the reply, though made it clear that what he said should have been in the 'update' announcement itself, even though the content was not market sensitive.
My personal opinion? 430 will turn out much better than most people expect....however...
The problem: the quality of announcements have scared alot of investors to the sidelines, and once spooked by a company, investors rarely come back for a second bite. And in this market a company needs as much support as it can get.
Cdchi1
ERH Price at posting:
19.1¢ Sentiment: LT Buy Disclosure: Held