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FX Energy Inc. Message Board

  • fxenhell fxenhell Jan 17, 2006 9:45 AM Flag

    Is this POS worth $214 million?

    Think about how much money US$214 million represents. That's the market cap of FXEN.

    Now think about this: You had better be selling a WHOLE lot of gas and making lots of profits to justify a gigantic market cap like that.

    Meanwhile, the B.S. artists at FX say they're "about" 6 mos away from production. Funny word, "about." It could mean 9 mos. and still pass muster.

    And Sroda-4. What happened?

    And all this for $214 million? Don't make me laugh.

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    • No one answered your excellent question - - interesting.

      What is a company that is burning cash and has a mgmt who does not behave like they're optimistic about their prospects worth? Should we pay $200million to purchase an obligation to pay the salaries of this mgmt?

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