FEC Resources Inc. (FECOF)

[MWM]

Post# 8298 eom7
The reason I have invested in FECOF for 5+ year (Resources are already proven, they are there) just need China to cooperate which is finally happening!

It cited a greater scope for cooperation between Beijing and Manila as a result of the conciliatory approach adopted by President Rodrigo Duterte towards China.

“A breakthrough in the longstanding maritime stalemate could allow PXP Energy Corp. to resume drilling in service contract 72, which holds the Sampaguita gas discovery,” BMI said.
The natural gas field is believed to contain up to 4.6 trillion cubic feet of natural gas and 115 million barrels of crude oil. (Actually up to 20TCF)

BMI upbeat on South China Sea exploration - The Manila Times Online
http://www.manilatimes.net/bmi-upbeat-south-china-sea-exploration/350564/

FECOF holds 8% of the Sampaguita gas discovery, which is just mind-blowing for a sub-penny stock!

http://www.fecresources.com/

PXP stock has doubled on that news since JULY ($175m mkt cap):
http://www.reuters.com/finance/stocks/overview/PXP.PS

The stock took off on July 26th and hasn't looked back.

FECOF should play catch up and much more any day now...