Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

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Message: Re: Falcon Oil & Gas Ltd. completes $11,910,000 debt and equity financing/vitrik

The fact that Falcon has only managed to raise 12 million dollars so close to anticipated test results can't be viewed as much of an endorsement for this fledgling company.

I could not disagree more vitrik. This to me seems like 12 million beautifully green endorsements. In this market, with nothing but "upcoming testing" being the driving factor, I am quite pleased. Think about it like this: FO got back all the cash they put out for 75% of 7 million acres in OZ.

TOM

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