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Falcon Oil & Gas Ltd V.FO

Alternate Symbol(s):  FOLGF

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

Bullboard Posts
Post by Risktaker77on Jan 11, 2008 11:20am
434 Views
Post# 14187688

Still 0.335 a share #%&*!

Still 0.335 a share #%&*!I still can't believe that our share price continues to drop even after our recent 40,000,000 dollar equity financing. I've been holding this one for a while and don't understand why there isn't any support at the financing price of 0.40 a share. How long will we have to hold this bag before it starts to move? We need some good news bad. I still believe there is some huge upside to this company but at this point it feels more like I'm holding a lottery ticket rather than an investment. Sorry everyone, just feel like venting today. Still holding my shares. GLTA RT77
Bullboard Posts