Happy Easter to all
I was just reflecting and looking at the big picture here. Trying to time the market with fecof is a losing battle and I've held on since 2011 so a little longer won't kill me. Can't be worse then its lows of .002
When feeling discouraged about its serious lack of volume here, I go back and look at pxp's chart on February 15 where it had 73 million shares traded.....only 6 weeks ago..... such a huge buying surge making the stock (a multi billion dollar company) jump in tens of millions by the minute let alone by the day. It's a very impressive move that even though it doesn't guarantee fecof will mimic the same kind of love, it certainly is hopeful to think that as sc72's shares are being recognized in forums ownership, and appreciating in multi hundreds of million worth, someone might realize that fecofs puny 5 million market cap is an EXTREME undervaluation in this same forum shares. Worth at least a 30 mil today (in my opinion (fecof) ) if Pxp can be argued to be worth their Hundreds of millions in surge in valuation to where they trade pretty steady over 400 to 500 million market cap.
When a contract is announced, even if pxp doesn't rise by 100% immediately . That sameday, maybe fecof can still make its run as fecof was fighting against time before and the constant dilution thru shares of their forum holdings. A signed contract should POLARIZE everything. Value players, growth players and speculators will come. Even if they need to pay an ad company some money to help prop up the stock price thru marketing, which I doubt pxp will do for us willingly. We will have to do it ourselves by hitting every message board we can as at least we are not peddling junk but real value in something we own.
Considering that leviathan In Israel was found about the same time as sc72, but delayed drilling due to oil prices, and also the fact that fecofs 6.8% of forum is worth today at .014.... compared to fecofs 20% of forum back in 2012 making fecof shares trade at 5 cents..... the opportunity to make a cheap purchase into the more and more promising speculation of sc72, seems as good as ever, despite the twists turns and delays.
