FEC Resources Inc. (FECOF)

[styl]

Take these statements with a grain of salt. Without the courts approving it it won't be done. If it's unconstitutional " whichbit is unconstitutional" " in its current framework where china is not recognizing that it's ph sovereign oil field under uncles and not to be infringed upon, then the courts can't approve it under China's current framework. Either duetted becomes a dictator and forces his will or China must bend to ph constitution.
As far as fecof getting .30 for shares it really means nothing. They got like 2.5 mil from their own parent company too pay for their " administration fees" which they in part give most of that money back to their parent company to file " paperwork". We got hoodwinked. Lay time fecof ran to 6 cents it had like 10% ownership of D.C. 72 or just about. They've diluted their biggest potential holding a few times. I've lost track and have been disheartened . My only saving grace with fecof is that it does have a power plant worth about .oo3 or .oo4 but when it's fully owned by a parent company they can manipulate, defraud , dilute at their will. The argument is that it's a Canadian stock and better regulated..... but it's a bulletin board stick so not really! Their gold mine was a bust 10 years ago when I first got in. Only if this really gets done .35%. Can this run up to its worth beforebeing screwed with and screwing shareholders. The upto 15 trillion in the South China Sea is not only abc contract 73. It's also 75 which pxp had and other areas. It's better to just compare it to slightly bigger than malampaya which was very successful netting the ph hovt 1 bil a year. And I think they were getting 40% of the profits after building. They've estimated this project would cost 3.5 bil to build and approx 3 to 5 years before seeing profits. Do your own dd folks. Please don't praise or attack me. I'm just sharing from memory. I once believed this could go to 1.5 in 5 years but now I think 80 in 5 but only if China is not an issue under uncles with their bs that they own the entire South China Sea upto Palawan coastline. I still see it as a major. Major issue. Duetted would have to sell out the ph to their rightful 100% ownership of sc 72. There's also a serious risk that if china uses duetted as a puppet they may even void the validity of the sc72 contract since" china" didn't agree to it with their " ownership" part of it. That would destroy business dealings in the ph if that happpens but expect anything when dealing with unlawful corrupt china and ph. Good luck