re: re:heading down again
Things change.
FAR does not deserve any more support in the short term. There is nothing going to happen.
The last straw for me was for them to drill a dud on the Gulf Coast. 6 layers of frio sands delineated by 3d and still they fail. They couldn't hit a barn door at 20 paces.
They are wasting their money on miniscule projects which, even if successful, will only add a cent or two to the share price and that for a very short term.
The Senegal money may well be wasted before they get there and there is enough paper now in the market.
Senegal will take two years.
It's a long wait. I will use the money better in the mean time and have another look in 12 months.
resourcestocks september 2006, page-14
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