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Rsacas, why do you insist in embarrassing yourself! The payday has always been just around the corner.
Newtofo March 25th. This is very worrisome news out of Tamboran today -- as Falcon will now have a tiny 5% interest in the next 138 wells to be drilled around the 51,000 acres surrounding the SSH2 Pilot Program well pad. Those next 138 wells could take five years to get completed and during that 5 years Falcon will get next to nothing in revenue for five long years.
What the heck is going on that POQ is basically giving up on the Beetaloo for that many years -- as I for one can't remotely think about hanging on for another five years to see any chance of revenue or a buyer. It is very doubtful that POQ will ever find a buyer in the next 18 to 24 months -- as any buyer won't get anything more than 5% of the gas until those 138 new wells have all been drilled -- sheesh.
Newtofo march 28th, The brilliance of this decision (IMHO) to reduce Falcon's actual risk on these next two 3 km horizontals -- is keeping Falcon's dilution to a minimum while Sheffield and Riddle take on 95% of the risk on what is an untested new well pad 4 km away. There is still a fair degree of risk on what are going to be the most expensive wells drilled to date in the Beetaloo -- especially if Riddle is going to drill blind without doing the 3D seismic program first -- so letting BS and Riddle pay up 95% of the expenses seems to make great sense.
This kind of rhetoric has been going on FOREVER!
WG, that was perfectly said apart from adding Newtofo, wetwater and a couple of others to the mix. Unfortunately this stock is going to steadily decline below $.10 cad and even then it would be an iffy buy given the latest move!
You just never stop pushing the kool aid! I figured you would have been way out front of this one with all your contacts you brag about!
Wow, what a surprise! Is POQ taking a 75% haircut on his already bloated salary, that's a big fat NO! People should realize these penny stocks mainly serve the management and they will do anything to preserve their paychecks. This stock will be punished accordingly come Monday. It is a bit shocking they didn't do a capital raise before this move, as what they have done will essentially do the same thing to the stock. POQ is saying, how do you like me now. The man has NO shame.
LK, This shows how ignorant newtofo is about this stock or any stock for that matter. What a fool, clueless.
I sold at .20 cdn, the otcbb is tough to trade because of market makers. I was a long term holder at first but realized this wasn't a long term hold after 4 years of pain. It was solidified when POQ diluted the stock for .14P when it was trading at .17P and pulled the rug out from everyone. He is quite content in pulling in his $600,000 a year, quite content!
Maybe your on the wrong exchange, tsx-v is where you want to be. Its first come first serve totally different on the otcbb!
Your wrong, and I sold 450,000 at .20 on Thurs and Fri. Sold 800,000 . 18 April 2023. All bought under .12 cents but you believe the nonsense here and I will carry on making money. I won't even go into how much before April 2023, don't want to upset you too much!
Eagle, this steady garbage has been going on for years, if not decades. When things don't go the way certain posters push, they come up with a different scenario. This will NOT change, it borders on perverse. I said this was a trade 7 years ago and nothing has changed apart from a change of pumpers. LK, you had your chance once again at $.21-.22, Ive been in and out 6 times and made nothing but money and my stance hasn't changed and won't. One thing is for sure a dilution is coming, just how much is the question. OK, let me have it, lol!
I like to comment occasionally to counter posters like Newtofo, who's verbal diarrhea is truly epic. I have a full set of old encyclopedias with less verbiage in them than this guy spews. That being said, I wouldn't read too much into this meeting on Monday, it has a higher chance of being damage control than not, just from what history has shown. Posters can post disagreements and call people names, it just confirms the level of anxiety and fear they possess with this stock.
Just here to make light of the false narrative that has been pushed here for years, we all know who they are, that is where the grief lies. Truth is in the pudding. Come Monday there will be yet another excuse and for most it will be, I did it to myself again. Buy on rumour sell on news.
Here is the reality, 80,000,000 shares traded at between $.18 and $.22 three years ago within one week, meaning huge resistance around $.20. Nothing but an outstanding result will stop this stock from dropping back to $.12. History is on $.12 side, time after time. Love the muppets!
BTB, the hall monitor, Hilarious. I'm gonna call the police on you, LOL. On a serious note LK, your window is closing, don't kick yourself once again!
LK, I think you and countless fog stock holders are looking for an out. If you have learned anything from owning this stock, it would be don't wait too long!
Its totally tax loss selling, there has been nothing to cause selling that hasn't happened before!
You know what they say, 41 times bitten and the 42nd time shy!
Just when you thought the bedwetter couldn't out do himself he throws more of his narcissistic BS at this board. Truly epic, it cheers me up with such a belly laugh! Thanks WW.
I have been waiting patiently for the bedwetter to give us an update, either from news gleaned from someone in the know he bumped into on the street or by a secret news source who he cannot expose! Lets have it big guy!
I can see that, moral looks to be at an all time high!