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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 Barry17on May 15, 2009 3:55pm
595 Views
Post# 15997094

Frankfurt Activity

Frankfurt Activity

IMHO this run may be manufactured. I wasn't able to come up with any particular reason for it (but that is not a surprise, I am just a ordinary joe).

At the end of day the someone on the Frankfurt exchange bought 15,000 shares for 8 or 9 cents higher than the previous bid. Not a bad way to create a buzz over on the TSE and generate some excitement. A little excitement creates more excitement, especially with a high risk / high reward stock like FO. 
 
Build the share price a bit on the larger market and then take advantage. Just an opinion. 

Bullboard Posts