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: Exxon in Hungary - John et al
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Mar 12, 2010 01:25PM
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Mar 12, 2010 02:34PM
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Mar 12, 2010 02:49PM
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Mar 12, 2010 03:33PM

Mar 12, 2010 03:45PM

Any moderate success on the MOL side of the Mako trough will see a very swift windfall on Falcon's share price, but only if we see something happen before 2012. I certainly "hope" that Mol and Exxon continue with some effort on that side of Mako, but would not expect it to happen anytime soon.

As to all this bickering about what a good or bad investment Falcon is, please give it a rest everyone. It is a "PENNY" stock with some great potential and some great risk. I am mentally prepared for Falcon to fall to zero at some point if there is no drilling and no capital injection, but there is no doubt about the upside given the scope of the resources lying deep under Beetaloo and the Mako. It will be months before we get any real progress on either front so sit back and relax or sell out which ever gives you the most comfort.

Regards Paul

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