4,300 shares at 3 cents is a trade of $130 dollars. How bad does someone need 130 dollars to bring their investment down on equity 25%? These moves in this stock are often baffling. Hold on to your stock. Good things will come
"The closest we've ever been with fecof" ?......... no , definitely not...... this deal was closer , arguably so about 6 years ago, and fecof had closer to 18%. Of forum then. Forum was publicly trading, and we were about to drill for verifying the amount of tcfs, the quality , etc. we had our own money sidelined to do it. Finding a partner was a bit difficult because of China's "claims" as unsubstantial as they were . Then we got rammed by China's boats and threats. Tried to make a deal with them as "partner" to drill since we needed one anyway, and they refused claiming it all as their own. The stock hit a high of 7 cents before china making claims to go to war over it, stock crashed, fecof got diluted, we won arbitration award at unclos, I doubled down , lowered my cost average,hoping the usa navy would help them drill under their protection, , and here we are today. Im no big fan of China at all. It does bring stability to the region if we partner with them, By simply giving In To the bully..... like giving your packed lunch to the cafeteria bully in grade school..... I guess you're friends now right? No trust issues there. Lol
Even though, because of the details and variables, that we needed a partner anyway and time is running out for fecof if it's delayed for too prolonged a period, I'm all fine to just finally get this done and with the security threat of what China would have done without partnership wont be an issue anymore. Let's just do it. Make the damn contracts solid. If there's precedent legally, it will get done!!
