Lets see if my understanding is correct. If PHUN owns 25% interest of Beetaloo -- then if we believe in Australia, we have to assume that someone who owns 25% of it will also profit.

Therefore -- I also own about 130,000 shares of PHUN, along with my shares of FALCON.

Now if Falcon is selling for 25 cents and we divide that by three for the three major claims. That is about 8 cents. (Yes I know it could be more or less -- but lets make things simple and say 8 cents of the value of Falcon right now is just due to Australia) If PHUN owns 25% of Beetaloo that would make it worth about 2 cents a share. Funny that is what it is trading for. PHUN is a lame duck company whose only value is probably Beetaloo.

Now if Falcon goes up because all of a sudden Beetaloo starts to hit -- which we all think it will do -- then it stands to reason that PHUN would profit also. So if Falcon goes up to a dollar and PHUN only goes to 20 cents -- who makes the most money per dollar invested if you have equal shares of each? PHUN

Now Falcon has three potenital hot spots and PHUN just has one. It is all a gamble I do believe -- but if we all believe in Falcon in Australia -- why are you jumping on believers of PHUN.

Personally I would like to see BOTH hit it big.