Member Info for Guernica

Eaglerbf,

I totally agree with you.

Being from the Nuclear Industry myself, you do realize the minimal amount of waste right? Canada has been powered by nuclear since 1950s and all the nuclear waste since then would cover a hockey rink to the height of the glass...

Tnbird,
Thank you kindly for your valued input, as always. Many, many posters on here have no clue of the history or the magnitude of the play here and are happy to say the value of Falcon is $.50.
LMFAO.

805slo,
Words of wisdom gained through pattern recognition and painful experience with this play. But speaking these truths may get you harassed and attacked by the arrogance of the day traders and pump and dumpers who have suddenly appeared like Yellowjackets on a fresh carcass.

Urraca,
You may be right!

And yes, my moniker is new for this board. Was different on stockhouse, IV, Agoracom.

Really? I was on stockhouse which then we changed to Agoacom and then to LSE. I was in this in the days of Lanman, thKnight, JR, etc. It was probably before you were born. Be careful your attacks. That is a warning.

Oh yes, I am still heavily invested and am a true believer in the play or I would have cut my losses many years ago. And the horizon is in sight with a nice hefty payout. That I am not disputing. But a part of me through experience-based wisdom feels I have been and am being duped here. Been there, done that.

And that is what we LTH are wishing for. But as I said, when you've seen it all before and you are personal friends with some CEOs of these northern juniors (here in Canada), you kind of know what the gameplan is.

M1D2
I cannot speak for all LTH, but I am reluctant to feel any excitement and actually find some of these posts amusing. I have been through all of this before, and many times, in the last 15 years. Heard it all and more with Hungary. To think anything different would be insanity by definition. I am still hopeful, but am waiting only for a buyout (unless there is a ridiculous SP rid up, which has also happened in past).
I truly believe (and with reason) that these juniors are created to give a wealthy career to some employees and dupe those with more money than brains to part with their money to maintain that career. The only thing to hope for is that the employees are greedy enough to make connections and network with a giant (multinational) to reach the ultimate goal of acquisition. All in my humble opinion of course and always.
Yes, I am jaded.

If it's the perfect bullish storm, then I welcome a run akin to 2005's run up to $7 CAD!!! (Obviously that run was on the BS of Bruner and before he diluted it and it became lifeless), imho of course and always.

This has been the irrational activity of this stock for the last 15 years. Great earthshaking news? Price drops. No news? Price drops. This stock has lost all respect and no one willing to invest. Sure, daytraders taking a profit, but so many shareholders are so far underwater that they have set price points to unload/exit. So there is strong resistance at every level. The only thing longs are waiting for is the final buyout price. No concern for daily price or attempts to shake the tree. It was lost money long ago and us longs are just hoping for a buyout price that POQ has promised us we will be rewarding. IMHO.

VillaMaria,
That was the very first thing that crossed my mind also. I could not figure out the timing. Bad news traditionally is released Fridays. Strange indeed.

Anyone settling for $1 clearly does not realize the potential here.

Agree Newtofo

Sneakysnake,
I echo your concerns also and have been thinking for a while what orlavid stated. And now with the intentionally lacklustre drilling plan put forth, these concerns are VERY real and must be entertained.

Well said Oilcountry99. I am in the same situation as you and have been invested in FO since 2005. I have half your holdings though.

They are probably planning an exit strategy.
At least with FO... and that is why we are "subtly" starting to hear more and more about Karoo. Same thing happened when they were drilling the world's greatest basin in the Mako Trough in Hungary. When it was a bust, suddenly there was this talk of this new worlds greatest basin called the Beetaloo. Nothing was ever mentioned of Hungary again. So soon we will exit Beetaloo and show interest in the Karoo...and it will all start again. Ten years of screwing shareholders in each basin.

tsoprano1,
Exactly. Spot on. Subtle, but I noticed it also. Scares the sh*t out of me. Hungary was going to be the greatest find on earth...then nothing and the Beetaloo was going to be "it". Now all of a sudden the news of Karoo??? Subtle, but a clue nonetheless.
Cheers

Eaglerbf
Funny, if you replace "Communist" with Capitalist, "China" with USA, and Korea and Japan with Canada and Mexico, respectively, your statement still makes sense!
Cheers.