The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I live in a Florida county. So I look at actual data to evaluate truth. We have a population of 350000. At peak of covid cases in Jan 2021, we were reporting about 240 new cases a day. Deaths reported were about 10 per day. Move forward to current data....we are up to about 150 new cases a day. But a covid death has not been recorded since June 2nd. Almost 2 months......why? Because Covid doesn't kill everyone testing positive. Looking at case vs health effect matters. The new panic is politically driven, and not based on Science.
"Green", but currently building 21 new coal plants. China building 180 plus........So talking green doesn't match actions.
Run the data. The Northern Territory has only reported 14 positive cases of Covid in the last month. Not a single Covid death has been recorded all the way back to January 2020. The political game of shutting down business isn't necessary. Follow the science they say........................
I speak opinion....as do you. I believe and stay positive....you do not and constantly complain. I buy (and you cannot see or track my purchases...lol), and you sell. So your point? Simply get out, and find a risk worth your taste or pocketbook. The pain you endure from being a Falcon investor, is not worth the damage to your psyche. Let it go, and move on.
The "clown" sells given 2.1x valuation on bad news. Based on my averaging BC, I make money. Dublin didn't create our past, current, or future challenges. Dublin didn't create Covid. That said, sell all your holdings please. I will pick them up and double my money. But I won't sell based on panic, because this is about the end. What took a billion years to create, wont give up easy. Again....please sell.
The "daily price over the last 12 years" has been all over the place. Not specific here, but what 4 cents to 40 plus cents? On little to no information that ever proved results or a specific end date. So that said, why obsess over something never predictable? Were you sold on Falcon because of a promise of day trading that was going to line your pockets? If yes, then you were never listening. This is a end of the road sold after proven commercial production stock. Were you sold a guaranteed end date where your stock price dream would be realized? If yes, then again never really listening. This is a sit...wait...be delayed...little info given....promise of a bust or incredible life changing windfall. Relax........your glass is so half full, it can't possibly spill. I prefer glass is half full. Both of us know the same.......nothing. Smile.
Only 70k shares sold that drove it to under 8 cents. Little to no volume drops it 6%?...lol...(somebody sold off $5600). My point? This is not stock that needs a daily sky is falling price post. The end result when sold will be the truth we all seek. Put the rope away, and stop the panic. Too many of you are obsessed with daily price.
"Stomach the truth" has nothing to do with it. It was choosing to purchase a piece of a very risky venture, as well as an understanding the daily share price (pennies) isn't the prize. Some of us are positive, and believe our decision will eventually pay a big win.....life changing for many. Some of you live in the negative, and choose to feel trapped in your poor decision lashing out at everyone and everything you find unfair about Falcon. You hold your shares, and we hold ours. So what we have is a difference between glass is half full, or glass is half empty. You have absolutely no idea what Origin is thinking, or what POQ has us his sleeve. You speculate in a very negative way, and that changes nothing about this investment. Please don't believe you have any more of a leg up on this as the rest of us. We all purchased the shares, and not a single one of us is smarter than the other. Buy, hold, sell......it's not that difficult to smile about potential. Try it......
The majority of comments the last few days are all green boxes. Gangrene always needs to be removed quickly, to stop the spread of infection.
Since his reason for existence on this forum is to spew negativity, we can all simply turn green to red. Filters have a purpose. Shut him off, and focus on positive Falcon thoughts. I am.....
My days of believing in Falcon began in early 2009, after many meetings with Kip Herriage. "Stock of the century" were his words, and followed up with his geological experts and many calls that this was the best possible find he had ever seen in his financial career. I wonder how he feels today? I am no longer a VRA member, and do not believe much of what he spews out these days. But I am curious on his take these days.........Anyone have any insight on his current opinion? Or was he just a snake oil salesman filling his own pockets?
And your reason for thinking you needed to tell us that? "Moving on" never required a public announcement.
Does Green have a twin brother in Bigones? I understand anger and frustration with POQ, but why assume the entire Beetaloo is a bust? Does Green have actual info that is fact?.... or just opinion based on an overly sensitive ego. If you truly believe in a bust, then sell and take your loss. Why wait if you live in the land of doom and gloom? Sell....move on.
My kind request for a more "time detailed" operational update was ignored. For me, this has never happened. So POQ has moved from first to deadbeat last place in my opinion. He isn't worth the ridiculous salary he sucks from us, and is dead to me....lol. I join the ranks of having him removed for ignoring his shareholders.
In the past, I have emailed Falcon management and always received a quick reply. Today I sent another message (kindly) requesting a detailed Beetaloo project plan (with projected dates). I expressed my concern with us already 5 months into 2021. I kept my request professional, and not at all confrontational. What if everyone did this, and simply asked for date specific plans? I work for an organizational group in the US, that has many times flooded those in leadership positions with messaging. It works.........if kept positive.
If POQ does not have a "back of the napkin" offer, then at this point he is as worthless as tips on a boar. Without one, he should put back on his cheerleader skirt and be waving his pom poms.
No Smallones, none of us still holding believe this is a bust. That is your opinion, and frankly can't understand why you still comment on this board given you hold no shares. You need to find a board that represents your personal holdings, and pump them with your negativity. I wish you well, but man you are a big pain in the a$$. Move on Debbie Downer.
I believe (opinion only) what has already been said on this board. He has a back of napkin deal already inked with Origin, and vowed to keep our stock price low. I believe (speculation only) he has his own under the table deal to line his pockets. Only a corrupt leader would act this way. That said....I still expect a dollar or two per share in the end. I will take it, and still be thankful.
I have watched a cryptocurrency "dogecoin" (started as a joke) increase 800% in a few weeks. All it took was a positive message that was driven by potential. I say this, because anything can happen given the beetaloo basin potential. We just lack a good cheerleader, and are stuck with POQ. Let's just hope his on the back of a napkin negotiation skill is worthy of his salary. I believe it will be an incredible windfall for all of us. Never lose faith.
Thought you sold out, and stopped whining. Just the facts.