guesstimates of far's sp when first well spuds, page-99

phillip321: Fully agree that FAR is most certainly NOT "a dog"!
But the market does behave in very strange ways these days. First and foremost, because there is very little appetite for RISK.
And perhaps some "shorters" are playing their games. This is possible due to the big number of shares FAR is having these days.
BUT: Even PCL (with fewer shares) when starting to drill SUNBIRD started to go down in pricing, which some of its holders associated with "the market" already "KNOWING" about BAD NEWS coming?! What non-sense that was....
And now CAIRN just started to drill and FAR's sp is heading down - does "the market" already KNOW that the first drill off-shore SENEGAL will be a duster??? What a TOTAL NON-SENSE to assume such a thing!!
I believe that patience here is required and in the end - as always - the drillbit will do the talking.
All the best to all FAR longs.
wasa