Market manipulators...LOL!!!
Agree with you completely Ciggy.
Just the common cry you hear from shareholders when their stocks gets trashed.
How about general market conditions, where even cashed up, high grade, low cost producers have had their market caps slashed significantly, and a disappointing result for 430...well, certainly less than the market expected from a reported 143m oil column....and to boot, the price of the commodity it's involved with has fallen by 50% from it's high.
Reality is hard to face sometimes.
That's not to say that ERH hasn't got a decent future ahead...the recent announcement was very positive, and the fact that it has no debt, $10 million in the bank (more if options are converted), and low capex to bring 330 into production, indicates that it will at least survive current conditons and will go on become cash flow positive.
Market manipulators...LOL!!! Agree with you completely...
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