Maximum pessimism??, page-16

I would agree with you but for one thing.
The long termers have been saying the exact same thing as well.
Common sense says its a huge find yet the market cares not.

Tell me how CVN rises 25% on a pittance compared to FAR who has a huge oil find and actually drops a bigger percentage.
Every time I look at FAR I think now is a good time to enter yet I wait a little longer and it drops just that bit more.

I ask myself why is this so?
Investors chip in 60m @ .085 and oversubscribed yet goes backwards.

The only thing I can come up with is @ oil prices of US50/60 the market thinks it will not be developed.
Having billions of barrels of oil is one thing being easy to develop and economical is another.
Makes you wonder what POO has to be to make this a goer.