far a huge buy now, sitting pretty, derisked, page-23

ewartd: Like many other FAR longs (and ultra longs), I keep patiently holding. However, I personally am NOT pleased at all about today's ann. by FAR! Why do they need to add another (likely to be highly paid) executive to an
already substantial number (at least in my view). Would hate to see as a next potential thing that we just might learn that he deserves a lot of options as well perhaps - really hope not!!
Why does FAR NEED this extra staff NOW?? Especially, as they can just wait now and select who to partner with in L6, a block that got a massive re-rate today for sure... Companies will come knocking at their door. Could current management really not make an appropriate selection???

theyouth: Of course, FAR is not "largely/fully" derisked but the nearby block L8 having found GAS is certainly much, much better than a duster there!!
And, theyouth, you have to understand that PCL is also now not at the very lofty $ 1.00 mark that you somehow would be expecting for FAR in a similar situation???
Personally, I very much doubt to see a $ 1.00 mark shareprice for FAR ever (I would expect FAR to be bought-out/taken-over at a much, much lower price)! All purely JIMHO. And, of course, I could be wrong as so often.
wasa