Member Info for Greenlanteren64

Newtfo, most penny stocks usually have their price appreciate on anticipation, unfortunately for us Origin/Falcon have been wishy washy at best on timelines, scope, and costs. Thus, the saying "buy on rumor sell on news" does not apply here anymore. I think news will eventually be positive, but operationally they have been abysmal so far!
We have to wait for drilling results, how long that will be nobody knows!

year to year price matters and might I say decade to decade price matters.

Thank goodness they will be addressing at the AGM the most important issue confronting us, their compensation. Drip Drip Drip..................................................................

TD, I love it, keep them coming!

Here is a positive post that no one has posted. The world is short of natural gas and the Beetaloo is well positioned to fill part of this shortfall, oh sorry this has been mentioned 87,734 times on this chat forum. Keep up the blind faith, I know it makes everyone feel better!

Origin is going to drill two horizontal wells, but it's a secret when this is going to happen!!!!

I think I will wait for another epic news release from POQ so I can pick some stock up under $.10 cad!

TDF, If and when you are proven right gloat away and I will bow down to your foresight and wisdom, until then I will point out what is relevant and concerning to me and probably many others. You say your constantly buying so I would assume your always happy with this stock in the toilet, I hope you do well in the long run. The reality today is one of silence and being misled with ever changing news releases which add to the uncertainty of this play. On that note have a great day!

The last 6 years
6 years = 1well drilled
7.5% of Beetaloo given to Origin for more drilling (ha ha)
two capital raises for 100,000,000 shares (dilution)
5.2 Million dollars in compensation for our two superstars in charge.
Stock price $.13 Cad
Oil and gas index on TSX up 24% YTD.
No date for drilling this year!
Crickets from management!
All this from from this World class play!

How many times can 1 man sewer a stock, my guess is the AGM will only continue this stocks downward trajectory, because POQ will be speaking. History is on my side!

God only knows how far this stock will go down if they don't drill this year. An open ended deal for drilling timelines has perpetuated this uncertainty. Just look at at it as a forever investment and all will be fine, while the two at the top enrich themselves. Millions spent on two people while dilutions continue, stock suffers and no information on drilling this year. the stock price reflects all of this, it doesn't lie!!!!

Falcon, your message has been repeated for many years, and by the looks of it many years to come. But that's OK because were all in it for the long haul, RIGHT.

The CEO and CFO are pulling down almost 1million bucks a year, I don't think their in any hurry to do anything!

POODS, this outfit is like the boy who cried wolf, nobody believes what they say anymore. Its hardly surprising the price has dropped within minute of his last news release(like the previous ones), the scope has changed (once again), no timelines for drilling, another dilution (once again) after saying we were fully funded for this phase, and more share options for insiders. Stock price and volume reflect all of this....................................

DP and Camelot, you are both right on the money. Every time POQ says we fully funded, BAM, another dilution. Adding his girly fiend to the board just adds insult to injury, next appointment to board will be uncle Bob. Its not the government that is holding us back, its the corporate gong show.

I think the change in government is the least of our worries, these seemingly endless delays and change of scope is much more of a concern IMO!

Heres a novel idea, get the BEETALOO up and running, they cant even get their cr@p together with a friendly government!

Wishy washy press releases are like Kryptonite to a stock, unfortunately POQ has a knack of delivering them quite frequently!

We need another press release from POQ to create an even a better buying opportunity!

I will leave you with a quote from you " this is all my uneducated opinion and just observing".
Uneducated-
untaught · unschooled · ill-educated · untutored · untrained · unskilled · underskilled · unread · unscholarly · illiterate · unlettered · ignorant