You can judge from the recent stock price walk down by the back-room boys just how badly they want to lay their grubby fingers on the long-term investor’s shares.

Well, no surprise there ...… In the light of recent reports on the huge increase in the Falcon’s resource estimate, I’m raising Falcon’s present share value to $2.35

Falcon Raises Beetaloo Resource Estimate

Falcon is pleased to see that its ongoing efforts in the basin-scale re-evaluation of the Beetaloo Basin and the new information obtained in the Shenandoah-1 well are fully reflected in the latest resource volumes.