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Message: the big sale could be attributed to Petro Hunter...

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Re: the big sale could be attributed to Petro Hunter...

in response to the big sale could be attributed to Petro Hunter... by adanac1
posted on Jul 03, 09 03:23PM

I totally agree with your conclusion Adanac1.Like you I believe Petrohunter would have needed to come up with $1.5-2.0 million to fund their share of the program in Australia over the next 3 months That being the case the finger is rightly pointing at them.

One or two other aspects of this deal also intrigues me.The fact they could find a home for the shares so quickly has to be very good news aswell.I like also the two brokers in the transaction. Maybe I am adding two and two and getting five (I bet not) but given FO Management's likely overseing role in the deal this looks very interesting.

We shall see

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Webcast – SEPAC 2011 Fall Investor Showcase
Falcon Oil & Gas Ltd. is a global energy company that is focused on acquiring, exploring and developing large acreage positions of unconventional and conventional oil and gas resources. read more
57638651-1
Posted by: solyomtwo
On: December 01, 2011
URL: http://www.n...74898/930068

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