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: Re-Think - Spazz
3
Sep 10, 2014 04:21PM

It is certainly disheartening to see the lack of buyer interest in our Falcon!! However, with 1 billion shares out and probably no real news from S.A. or Hungary until closer to year end - the less patient holders can sell without worrying too much about the stock running away from them anytime soon. On a more positive note, I am not going to part with any of my shares for a paltry 16 cents - as fair value is certainly a lot higher even without any drilling results. It is also worth remembering that any buyer coming in to gather a fairly large position in Falcon will drive the price higher - as the RBC buyer did a few weeks back in purchasing 1,000,000 shares.

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