A friend of mine is an investor in FO and PHUN and he asked me to post this for him. Im sure some of the questions have been answered or some is redundant but I told him I would so here it is. He would like any respone anyone is willing to give.

PETROHUNTER…THE RED-HEADED STEP-CHILD

We have all heard the saying “slap you like a red-headed step-child”. Is this thought and behavior being applied toward PetroHunter by investors? Maybe I just don’t get it; as a big picture investment, what is unexciting about this stock?

True, on its own PetroHunter Energy Corporation is not much to behold; mega-millions of debt from previous poor choices and results, no investment newsletters telling of its’ existence and, some would say, it is crippled by the ownership of Marc Bruner. Are these three of possibly many reasons not to believe? Yeah, based on what I just wrote, it looks like a suck company; but come on, consider what’s been going on recently.

Falcon just acquired 24.22 % interest in FOGA from Sweetpea Petroleum…paid them a whole lot of money and gave them millions of shares of stock. The result of this is that PetroHunter now owns 10.7% of the issued share capital of Falcon Oil & Gas; the company that ALMOST everyone at Agoracom has high expectation for. What am I not seeing or understanding? Doesn’t this mean PETROHUNTER OWNS 10.7% OF FALCON OIL AND GAS; THE VERY COMPANY THAT MOST OF YOU ARE EXPECTING TO RETURN BIG BUCKS???

Of course, I don’t expect Agoracom followers to pump up the share price of PetroHunter alone, but I would think as a company tied to an apparent up and coming junior oil concern, interest in PetroHunter would be greater to investors of oil and gas stocks. Perhaps the reason “no one” is getting excited about PetroHunter is that although Falcon has encouraging seismic information on Beetaloo, with majors waiting in the wings, and the drill bit is turning (we hope) in Hungary, the reality is that The New Falcon has not brought up one drop of oil or one puff of gas. This said, I believe Falcon will bring the reward we are expecting.

Something else some may not be aware of is that Paltar Petroleum (Marc Bruners’ and Ben Laws’ company) has entered into a 50% JV with PetroHunter on approximately 2 million acres in Western Australia…EP 136 and EP 143…right next door to Falcons holdings. No drilling from Paltar is expected this year and possibly next; however, if drillable acreage prices in Australia continue to rise (and who would bet against this) would not the value of the PetroHunter holdings rise as well? It could be possible that the share price of PetroHunter could skyrocket without a single well being drilled!

OK, I have stated my case, someone either confirm my thoughts that PetroHunter has a better than average chance of success or help me to see the light. Thank you for reading and good day to all.