>Actually if the report was taken seriously by the shareholders, then it would have have thrilled them because of announcement of more oil, several joint ventures,....

Serious investors already knew all of the above since August 2009.

>About Hungary, I wonder in what language Exon should say that they have broken up with Falcon, and if they are still in Hungary that is for other babies not FO.

You can wonder all you want. Serious investors know all about that too. First of all it’s not if, Exxon presence in the Makó trough is telling, and I don’t think that potential partners are blind to that fact.

Falcon Oil & Gas Ltd. Announces Agreements With Merrill Lynch And Bmo Capital Markets As Advisors For Strategic Partner Initiative In Hungary

>And the last word, the Scotia report could still be valid, only if we replace the word "oil" with the word "water" :)

Maybe you should read the Scotia report first, then use the word “gas” and then maybe you can mention “oil”.