Great news, life is good.

I missed this article when it came out and I don't think it has been posted here

http://seekingalpha.com/article/2394765-3-reasons-why-falcon-has-huge-upside-potential

Agree, in 2 -3 weeks bottom should be reached and we should receive notice with hopefully m easurements of depth and target. DUBLIN, IRELAND--(Marketwired - July 15, 2015) - Falcon Oil & Gas Ltd. (TSX VENTURE:FO)(AIM:FOG)(ESM:FAC) is pleased to announce the spudding of the Kalala S-1 well in the Beetaloo Basin, Australia.

Can not argue about the Brunner Era where money was spent wildly , but have been impressed with current management. They have made our assets much more valueable and have made a good story. If facts become reality life will be good. What will we do (I am retired already) if this story comes to an end?

tdatda0904 - " We have nothing to sell...nothing of value to promise a potential buyer" -------------------- Why should I value your opinon over that of Orgin and Sasols? They valued the potential of the Falcon Land $200 million. The resource report has a much larger potential value many times that. Snap your fingers and bam! we advance 3 years into the future - “2015 is all about checking the technical attributes. 2016 is all about checking the frackability of the shale. 2017 is all about checking if it’s commercial. When we get to that point, that’s when the industry might take some more notice.” Progress takes time, rewards will be large, know what is realistic, have patience or move on. Life is good.

Patience is required, $1 to $5 is not the end point, look at the potential reserve of this land holding. This company was at $7 a share and had potential but nothing compared to what it has today with the potential of the Beetaloo Basin today disreguarding S. Africa and Hungry. The geologist want confirmation of what they think they know. 100 meter plus thick paydirt. How far and how many acres of sweetness. No hurry, price of oil and gas will get better, just confirmation of resource and figuring which method will provide least cost to develope. Warren Buffet always say look at what will be and not at when it will be. Hang on till pay day!