Member Info for BCnatgas

Beetaloo Basin fracking: court bid launched to stop Coalition giving company $21m in grants for project
I guess this doesnt effect our phantom drilling program!
https://www.msn.com/en-au/money/markets/legal-challenge-launched-against-federal-governments-2421-million-beetaloo-basin-grant/ar-AAMIpNf?ocid=BingNewsSearch

I prefer to stay, thanks. And your right, I meant to say your last advertised buy at around $.20 cad, I can only assume by your comments that you’ve been buying as the stock has been going down down down. Now that’s positive!

Td you’ll say anything to fit your narrative. I noticed your last buy, didn’t look so lucrative!

Just the lack of direction is enough for POQ to be relieved from his duties. Much lower now than when he took the job. How many shoes have to drop!

Looks like history is once again on my side, looks like my not understanding of what is going on wasn’t so far off. These guys couldn’t muster up a good ****. A lesson on incompetence that can sewer a stock. One disappointment down, 2 to go. Very sad

At what point do we lose all faith in this clown in Dublin. Tdfalcon must be loading up, while ignoring the everyday stock price. Mismanagement to the nth degree. This expert negotiator needs to be fired, NOW!

Only time will tell Darnit, but history is on my side!

The truth is this stock has been on a steady decline for almost 5 years just look at the charts , the glass hasnt been half full here for two years in my opinion, very far from it. The complete lack of communication has been the biggest let down for me. while other players are full speed ahead, we have slowed to a crawl. Revisiting two previously drilled wells is fluff imo. Drilling 1 vertical well this year, maybe, is completely pathetic. Feels like they have no direction and are just now trying to figure out where or what to do next. All POQ can say is he is excited about this years drilling program, maybe some clarity on this farm out deal might get that glass a little closer to half full!

Very few posters can stomach the truth here, they would rather dream of better days ahead. Origin have basically put the beetaloo on the shelf for moment, there is no excuse for having virtually no drilling program this year. They have had years to plan with endless delays and finally when the road is clear, they completely back off. Like I said earlier any price appreciation or drop for Falcon this year will come compliments of other drillers. Sign a deal with no bench marks or timeline to meet and this is what you get, total stagnation!

I kind of equate our situation to someone selling their family farm and telling the buyer you can just pay me when ever you feel like it.

Dont forget, you can always buy this stock cheaper!

Train wreck is right, just read the extensive drilling planned by these guys. Origin/Falcon have turned into the laughing stock of the Beetaloo. They have managed to crater any interest judging by the lack of stock buying, nobody believes their vision anymore and for good reason. I believe they are planning an exit strategy, I cant see any other reason as to not go full speed ahead.

If you read this press release it uses the phrase, expected 2021 work program. The word expected is problematic to me at this point as no timelines have been put forward so far. Could it possibly be that they may do less than previously mentioned, I wouldnt put it past these clowns!

You can have Philip Oquigley for a bag of crisps, as since he left providence hes destroyed Falcon oil and gas, seems a common theme with these clowns!

Your exactly right Havy, points to a protracted seller, that coupled with virtually no buyers it isnt looking good!

Good one, 3 fairway joke more like it!

sssssssssssh, its a secret!

im tired, your right we need Orson back with his insider information to identify another non existent big bright beautiful flare, to cheer everyone up!

1 vertical well for 18000 square kilometers, what are we all getting worked up about, lol.

Just take Texas and Alberta for example, Texas drills 800-1000 wells/month, Alberta 4000 wells/year. We have drilled 1 well in 3 years, every other place on the planet managed to carry on through Covid, although less drilling activity, you would think they would ramp it up to make up to make up for lost time for the moratorium and covid, but NO they dont. I know its not apples to apples, BUT. Only 1 new well this year and revisiting 2 previous wells, wow. With the Kyalla more than likely a dud.