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Re: geodan post# 535

Wednesday, 01/04/2017 11:50:37 AM

Wednesday, January 04, 2017 11:50:37 AM

Post# of 699
My thought is that the guy did what he was good at and reached the age where it was time to enjoy life. The next guy will be an expert at the next stage. Look back at Ultra Petroleum. Bruner took it from tiny exploration company and let next guy make it a huge producer. Bruner's expertise was finding oil, the next guy did the producing part. Company was over a 100 bagger. Bruner was behind Falcon Oil and has since moved on. Guy in charge now has made deals in Australia, Hungary and South Africa. Oddly, today is showing huge volume on pinks for them. FOLGF. One of my bigger positions. They have been stymied in Australia because of a moratorium on fraccing. Maybe that is being remedied. Unbelievably large gas/oil in their acreage in Australia. Also enormous potential in SA. Take a look. For .08, my goal is at least a buck in next few years. Good partners in Australia.

T