jnrtrader29, page-3

Hi Bluelight and others. It has been a while since i last posted and i have got to say, i missed you guys :)

Its great to see all of you farties have hung in there, still posting great updates and your attitude continues to burst with the utmost of positiveness, i applaud.

yes, i am still heavily invested in FAR, and of late have been contemplating another decent deposit. the fundamentals for far still remain great, fantastic in fact.

my thoughts remain that commodity prices are set for a smooth trend upward. Once the greek and other european debt worries fade, and attention is back on the worsening USA debt problem, the US dollar will fall and commidities will rise.

The further increases in commodity prices, oil in particular, will continue to make the Senegal licences more economical to explore and more attractive to the potential candidates vying for a partnership agreement. The further oil heads upward, the more parties become interested and the hotter negotiations will get.

IMO, we could get a JV agreement any day now....it will come apon us quickly, im confident the team at FAR have got the required interpreters to eliminate any quick bounces in the SP :)

For the contest, i will go with 7th April for an announcement.

Fundamentally, Far are cheap at this level. The reason for the low valuation is due to market participants being cautious. The economic recovery is still in a critical stage, and this warrants a higher risk assessment, and due to FAR's ongoing JV talks, the discount is due to the risk component, and thats probably fair. However as long term holders, farties know that ME must get this JV, and we are all essentially betting on him doing that. Im a believer, i think ME can pull off this company making deal, very soon, and we shall reap the rewards for our long dedication.

i could go on about the fundamentals but we all know what they are, and that a jv ann will double the SP....im still holding in high expectation that a deal will be made VERY SOON

good luck to us all