Re: The Falcon play - Falcon's present value - Update
in response to
by
posted on
Oct 03, 2013 08:42AM
Developing large acreage positions of unconventional and conventional oil and gas resources
Soly...I sure do appreciate your post on where we are..but once again I am at a loss as to why this thing is trading the way it is. The recent presentation from Falcon shows that Beetaloo seems to have some similar characteristics with the Balkan Marcellas and Duvernay shale plays which have been hugely successful. That being said we have had noty a great deal of positive press or broker reports that would help our bird fly. I think the management have a responsibility to manage our expectations in a fair manner. If we are where you say we are we should be trading @ $2.50...not .175 ....
Sir Larry