I would expect to see some positive movement this week. We got solid positive movement the last time a newsletter recommending ERH come out of North America.
I am hoping for something similar this week after presentations to investors. In all that doom and gloom, a good news story should spur on investors. Brazil is pretty hot and the oil problem ( running out and more demand coming from Chindia ) is not going away just because the West is heading into recession.
I am also hoping to see an announcement from the company in relations to the spudding of the wells at Block 59 and Block 430 ( location B ).
Here's hoping.
Regards
Kojasper
ERH Price at posting:
13.4¢ Sentiment: Buy Disclosure: Held