FEC Resources Inc. (FECOF)

[styl]

This link shows you a bit of what malampaya does. / did and the corruption ph has to deal with


http://newsinfo.inquirer.net/tag/malampaya-fund-scam

http://philippine-resources.com/2017/12/19/malampaya-gas-field-good-until-2027-says-shell/

https://www.doe.gov.ph/energists/index.php/90-categorised/energy/energy-resources/petroleum-resources/natural-gas/6314-ng-share-from-malampaya-revenues-tops-p346b

These links especially the last one paint a picture of how things get done......
Expect
Whatever number is in the test drill if it comes back positive and not with water of a collapsed well....that this number will have a 60/40 splitwith the govt and then probably another 50/50split with the China bully that shouldn't be there at all!!! Reducing this wells potential to a much smaller number after every mouth gets fed first. If there is 100 billion in its 20 yr life span then it's still worth everyone's worthwhile. I've heard it should be at least twice that of malampaya and hopefully much more... maybe 30-40 billion lifetime?
So the "dream" is that if fecof kept its 10% or so.... or at least captured 1 measly billion lifetime... fecof made for a nice 401k play..... to expect it to go to 50 cents in 6 months even under best circumstances I think is a pipe dream. 20 year lottery ticket is the best play here.(401k) If any play at all. Just my own opinion. Yes you can try to make a quick double to 5 cents but you can also just go play blackjack in vegas too. Good luck