I was hoping there wouldn't be too much bidding up on ERH this morning and it looked good for me to get some around yesterdays close price till about 1 minute ago...now bidding up.
I did a heap of reading on the operator GAVEA OIL& GAS and the area where they just drilled: Sergipe-Alagoas Basin.
The area is easily accesible, the histroy shows its absolutely loaded with oil and the 149 metre of oil pay is just too good a news for ERH.
Very looking forward to the logging results.
ERH Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held