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: Herzog
2
Apr 29, 2014 10:12AM

Apr 29, 2014 10:56AM
1
mo
Apr 29, 2014 12:03PM

Obiestyle,

Most of us would agree with you, but most of us have also been in when share prices were $5 and $6 dollars a share, so when you say you have lost 50% in the past year, we really think you are lucky. Most of us on this discussion forum, to offset losses posted earlier have bought tens of thousands of more shares in the past year -- just to lower our overall share price down to under a dollar. Are we drinking the Kool Aid? Only time will tell -- but it is hard to find a company with three potential high value projects on the books. If just one of them hits -- which if you recall the one project, Hungary, drove up the price to all time highs-- well we can all hope.

I think from the start everyone has said this is risky. Some people live for risk and prosper -- and others risk it all and lose it all. I concur that senior management doesn't talk during negotiations -- cause you can lose them completely. I think senior management only pushed it back one more quarter -- which sounds to me like they have something in the works.

Patience I think is hard to come by when many of us have been here for years. We shall see what happens in the long run.

1
Apr 29, 2014 11:42PM
3
Apr 30, 2014 11:28AM
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