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: Beg to disagree with a few

When I first bought into Falcon, the big thing was that Falcon had signed an agreement for exploration with Exxon in Hungary -- the stock price was hitting $5 to $6 a share easily in 2007. Back then it was Exxon paying $25 million and obligating for $50 million of work. The expectation sent the stock to all time highs. Then the agreement went away and it started to drop into the sub .50 cent range, but the promise was Australia and South Africa and possibly Hungary.

So why is it that when we sign an agreement for Australia -- no one thinks the price will go up for three years. This agreement puts more money into Falcon -- $20 million and puts $200 million towards the development of nine wells. NINE Wells -- not one like Hungary.

Maybe it will take three years for money to be flowing from our 35% take of oil and gas production -- but you can't tell me that the expectation of money coming in won't drive up the stock price. That is what happened in Hungary -- and I feel will happen here too.

Look at all the tech stocks people buy that don't even make money yet. Expectations drive stock prices.

When the money flows it will go up even higher and maybe we can even talk dividends. LOL

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