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Post# of 12368
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JohnnyBlaze

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JohnnyBlaze

Re: Lottalead post# 6907

Wednesday, 10/23/2013 10:30:22 PM

Wednesday, October 23, 2013 10:30:22 PM

Post# of 12368
Consider this
Fep.l is worth $1.26 per share with 35mil shares outstanding. = $44.7mil market cap

FECOF owns 25% of this company or $11mil. Currently FECOF’s market cap is less than $3mil.

If you took $11,182,500mil and divided it by outstanding FECOF shares you are at .0254

So how are we not undervalued here? Then you add some speculation based on the SC72 play and we should be at .075 IMO

What do you think?

FECOF - 416mil barrels of oil, 16tril cubic feet of natural gas... Need I say more!!!

The new data shows prospective resources for the field and the North Bank prospect could reach as high as 16.612 trillion cubic feet for natural gas and 416 mi

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Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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