FEC Resources Inc. (FECOF)

[styl]

My posting on forum is just to clarify why it's delisting. It was simply bought out and is now the new pxp. The symbol is delisting because it's not tradedanymore. Many years ago. It's just that there's new articles using old info

Yes it's better that it's pxp and. It forum as the U.K. Had it in an alternative trading platform making it hard for global citizens to purchase it. Buying pxp is easy for just about anyone.

As far as the developments I am happy there's talk, and meetings but I've heard this talk before so I am cautious. I never sold my 3.5 m shares of fecof hoping trump would help secure the Sea for duerte to drill but that jerk is totally unamerican and is taking a different, arguably riskier approach to trusting the chineseand maybe giving them a piece of the pie which will find a blockade by his own ph courts system for violating constitutional rights, mainly the ph sovereignty of its oil well. Sc72 is clearly in their economic zone.

We can hope china is mostly posturing because if they were to enforce their criminal red dash ancient Chinese map claim then they would have invaded the malampaya field too which they haven't. So it's not all gloom and doom but China's waiting game is turning the ph into a desperate beggar. A bigger company like pxp is better diversified to take a hit on sc72.... but fecof will see the most gains as it's the biggest. High risk high payout in that investment. It's pure play in fecof. Their only other holding generates them about 100k a year.a power plant.

For new investors I just tell them this is a high risk gamble on fecof and should be viewed as a lottery ticket with an expiration date. But the jackpot is at an all time high with much better odds than powerball tickets.
If there is a dodo itive agreement where china doesn't rob them blind and allows them to drill under acknowledgment of a sovereign owned ph property then you can buy fecof as high as 5 cents and wait for good returns. There's always risk. I owned no dog and a well they drilled collapsed which also collapsed the stock. You need an experienced driller and since it's close to malampaya I feel the chance of a successful well is high. China knows the reserves are there as they did the seismic study with them many many years ago. A decade ago and that's why they started getting greedy with the whole china Sea attitude. Building islands. Etc. they kinda needed that waterway to build a navy they never had. An American navy today though would crush them in one day. I hope this helps your question a bit