Falcon Oil & Gas Ltd V.FO

Alternate Symbol(s): FOLGF

Energy Oil & Gas E&P

Falcon Oil & Gas Ltd. is an international oil and gas company. The Company is engaged in the exploration and development of unconventional oil and gas assets, with the portfolio focused in Australia, South Africa and Hungary. Its principal interest is located in two underexplored basins in Australia and South Africa, with further interest in Hungary, covering over 12.3 million gross acres. Its Beetaloo Sub-basin project is located in the Northern Territory, over 600 kilometers south of Darwin. The Company holds a Technical Cooperation Permit, covering an area of over 30,327 square kilometers in the southwest Karoo Basin, South Africa. The Karoo Basin contains thick, organic rich shales, such as the permain whitehill formation representing the focus of shale gas permit applications. Its Mako Production License (Mako Trough) is a sedimentary basin located in south-eastern Hungary in the mature Pannonian basin. Mako Trough includes two plays: Mako Shallow Play and Mako Deep Play.

TSXV:FO - Post by User

Falcon Oil & Gas Ltd

Bullboard Posts

Post by GoldSilvBullon Jan 28, 2007 8:01pm

313 Views

Post# 12110907

FO...DIDNT BREAK THE 2.50 Mark

In the past 8 months we tested 2.50 a couple of times and bounced back UP .. This weeks test of 2.50 NOT Broken....This pullback to 2.53 is NOT a Major sell off.... If this was a major sell off, then you'd see 500 million shares hit the exits and stock price would do sub $1 within 2 hours (NOT DAYS!!) So, its someone pounding down FO to buy in cheap and keep the nervous nellies out to sell there shares to the strong ones.. Oldest Stock market game in the book!! SO BASICALLY, THEY STOLE YOUR SHARES IF YOU SOLD THIS WEEK! FYI, I added some more this week to my core today!

Bullboard Posts

This junior mining stock offers billions in market exposure