FEC Resources Inc. (FECOF)

[styl]

That's why fecof is a higher risk than people realize or care to admit.


For the reason and probability of fecof being bought whilenundervalued.

How do you stop them? With lawyers threatening a class action lawsuit if they continue to clearly do what's not in the best interest of shareholders as it is a criminal offense to fleece a company in that similar manner when it is now clear that there is value in those shares and equity contract..

There is no law for the mathematical formula or comparison chart you presented, that says a company should pay more for something just because their market cap went up and the other one with similar shares didn't. As long as they pay for a premium of some sort like they did when forum was on the aim market, then they get away with it. If it has been in the open market then it's a legal move to pay a premium for the company and do a buyout. Maybe that's why they put it in that ridiculous miniscule hard to trade market in the first place. To simply buy our shares cheap in a comparison market of the direct shares for shares. Thiey did pay a premium though at 50 cents before you got in.

Also. By trading in the Canadian stock exchange fecof does have a deterrent for scammers and for owners of a company trying to embezzle funds or shares from a company and its shareholders if it's not in the company's best interest. Now that the stock is finally going higher because the contract is going to be signed it would be a clear act of trying to cheat the shareholders out of an equity position that is clearly going up in value and I don't think the directors want to bring a criminal investigation upon them. What they did before is arguably a better reason for them to take those shares when they did at a premium and also on what looked like a dead deal. The moratorium will lift in a couple of months and that game can't happen. Only a buyout of the entire company like they did with Forum and combining it under pxp ownership when it was philex mining. Philex shareholders also got their fep shares direct from philex shares. Why? Because manny wanted those shares in his name and not in the philex mining company. That's why. Nobody mentions that.

Furthermore I looked at your list and I don't understand how you could imagine fecof getting a p.e.e. Of 25. The only reason it even looks like fecof has a pe right now is because of the money they received from the sale of forum shares. There will be no p.e. Next year as there are no sales or profits next year. They are a holding company. What kind of p.e do mutual fund companies get? They mostly get a negative nav.

Also when looking at your formula I don't see the part of the 60/40 split with the philipine govt. which is constitutional law ever since the ph govt got screwed with the malampaya rule, and possibly a JV partner taking a share too. That formula had me thinking I should sell when and if it gets to 8 cents. But I Will wait for the details of the contract and drilling to see how many tcf are really in there and hopefully they can do well.