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: Time to buy

Time to buy

posted on Jul 27, 2009 06:08AM

I bought all my position back again last week. To me the market understands

the play well and hence no volume on a big float. This will move up

considerably as the testing materializes. Even with the large float the new

investors will clean out the day traders and people who wish to take half off the

table, but with the szolnok many of the big players will remain all in. Then i see

a bidding war for falcons share. Falcon i believe sees this coming and is ready to

dilute again at a higher price to ensure the cash position is high enough to convince

the vote will be nay on a low ball bid. YOU either believe or you don't, but i'm

convinced the szolnoks huge pay zones and area are huge and large enough

to entice the big players to lock in a future of gas exploitation for many years and

falcon will not be a participate. They will then easily find a large partner in

Australia as exploration success brreeds greed. Things will be simpler there

in many ways as the oil will run first

Atb

Sandy9

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