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FX Energy Inc. Message Board

  • bigggsteve2003 bigggsteve2003 Apr 5, 2004 9:40 PM Flag

    mgt. was right

    There is no way FX could exploit the vast reserves in Fences 1,2&3 bring them to market without more cash.There are3 to 5 TCF of gas + unknown amounts of oil.I'd much rather dilute the stock by 12% or so than farm out 50% to CE or others and wait years to drill.Today's news will add Billions in future revenue.Don't worry about today's fall.Fundamentals:Gas is there,oil may be there,cash is there,partners aren't needed.After shorts & momentum players leave we will run up again.I trust Hardman.April 20th. webcast will map out the future.Mgt.was shrewd enough to toss CE out of the bulk of FENCES 1.Today FX again made the right move.

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    • This is a great buying opportunity that I for one took advantage of by buying more shares today.

      I expect a significant improvement in FXEN during April 2004 with a long list of extraordinary beginnings for significant material events in process.

      FXEN is a high quality investment.

 
FXEN
3.23-0.07(-2.12%)Jul 23 4:00 PMEDT

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