Falcon Oil and Gas Ltd.

It is very difficult to find anything positive about Falcon. You can hope but remember "hope is not an investment stategy". I have taken a beating on this stock and have reduced substantially.......we are left with a "Hail Mary Pass" situation. It has been an unpleasant experience but one must continue to look for other opportunities.

The Knight, who has been the biggest supporter has surrendered in the face of continued abysmal field results. It is time......