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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 upmarketson Jul 21, 2007 12:10am
437 Views
Post# 13127836

almost a buy & Eskkies do it again !!

almost a buy & Eskkies do it again !! 10-12? days ago I had suggested FO might still dip to the 95 to 115 range . It quickly twice found support at 1.00 even . And now seems less likely to dip under 1.00 And that reminded me that margin requirements likely change under 99. and would likely cause a further slide. So 1.00 is important. One more test of 1.00 then likely a buy - above a dollar. Lots of junior gas and foreign oil plays looking interesting. ( like BDO ) Huummm RC but then you "missed it" "just enough" ... far better than "not enough" (did a girl give you the Nick - Rusty? ) Yay Eskimos! ( again ) - what a CFL finish ! - again what a comeback , a great night in Edmonton - what a stimulating performance in the sack department. - Another standup example of managed ball control ! Gosh, heaven forbid one might post some general humour on either thread or that it does not meet the Humour Policeman's review . Spiking the ball Regards U
Bullboard Posts