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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
Comment by eternalholdon Jul 21, 2006 3:26pm
117 Views
Post# 11131744

RE: factsarefacts=chariot5;who are your employers

RE: factsarefacts=chariot5;who are your employersBig, I have been in FO since .59 cents, and haven't sold one share. Yes you can make the argument that I should have taken some profits but you have to make a decision whether you choose to day trade this thing or look for the HUGE payout down the road. After much research and reading from my fellow FO posters, (on the private board of course) I've decided to take the latter approach. Let me ask you, aside from their "gut reaction," what exactly has escort and Farts brought to the table in terms of tangible evidence for their disdain of FO? I'll tell you, absolutely NOTHING! What you have is a stock that had alot of inital euphoria over it's initial discovery and a natural pullback during a period when there's essentially a news blackout, we're in the Summer doledrums, natural gas is trading around $6, (from a high of $15) and we are on an exchange that is down 25% from its highs. What can you possibly expect under those conditions? Seriously, don't get fooled by the likes of these clowns. Remember, even a broken clock is right twice a day. Even if FO were to climb over $20 they would still be "warning" everyone to sell. They have their own agendas. Don't get sucked in. I would apply to the private board and read all the links provided there by JR. Belive me, if you can't decide on the future of Falcon after reading those links, then this is definitely not the stock for you. Good luck.
Bullboard Posts

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