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

Free
Message: Market Wrap

 

Index

Close

Change

DJ Industrial

20619.77

+7.91

Nasdaq

   5814.90

-4.54

TSX

15864.17

+19.22

TSX-V

843.32

+5.18

TSX-Gold

228.11

+3.87

$Cad/Usd

0.7648

+0.0001

Gold

1239.60

-2.00

Crude Oil

53.42

+0.06

Natural Gas

2.856

+0.002

 

“Shareholders don’t want to wait 20 years for a payback. We’re setting ourselves up to sell. Ultimately, that’s what we want to do. Shareholders want a big return and they want a quick return.” -Philip O’Quigley, chief executive, Falcon Oil & Gas –

Just who are these shareholders?

Well, all of us, the 13,445 long-term investors.

But, Philip O’Quigley really talking about his bosses. You know, the guys who hired him in the first place. Burlingame, Soliter, Persistency, Sweetpea, the folks on left side on this chart.

Of course they'll wait for the conclusion of the 9 well program. And so are we, on the right side of the chart.

The 13,000 holds the balance of power.

The folks on the left side eyeing the shares of those on the right side.

Share
New Message
Please login to post a reply