I smell bad news, page-64

The market's waiting for news on 4 wells now, all of which have hydrocarbons. 2 with gas pressures apparently high enough to cause problems, and the latest one where there appears to be plenty of oil but there are formation problems. Then there's the one being horizontally drilled, it also contains oil in a new and apparently unproven formation but the drilling and testing is yet to be completed. The dearth of information is definitely failing the share price. As pointed out by others I agree that FPL is in the same category as the man who owns a million hectare property covered in good grass but can't afford to stock it. As for the horse race analogy I think my horse has stopped to graze, but then again it's a thousand furlong race and it may decide to canter on. I recall the investment Gurus touting this as a great buy at .007. Then there were a few burps and a 10 to 1 consolidation and today the price appears to be .007. To be a tad philosophical FPL kind of reminds me of Monty Pytons' black knight. But one never knows what lurks in the shadows. Keep the faith.