FEC Resources Inc. (FECOF)

[styl]

The article that said 2019 in the title for some reason was deleted this one shows the deleted post with 2019 in the title https://www.google.com/search?client=safari&hl=en-us&ei=2HoWW5biHuHcjwSV_5iQBw&q=ceytano+2019+china+sea&oq=ceytano+2019+china+sea&gs_l=mobile-gws-wiz-serp.3..35i39j33i160.20835.27503..27736...0....204.1574.12j3j1....3..0....1.........33i21j0i13i5i30.xqnlFP2kpkU%3D There's an almost identical title that says as soon as next year (2019) about the same event and similar quotes. Here's the link.

https://www.waonews.com/news/18868-Foreign_Minister_of_Philippines_the_joint_exploration_work_of_the_South_China_Sea_between_China_and_the_Philippines_is_the_fastest_or_next_year.html

As far as telling you when you will see a dollar if ever , you must understand it's pure speculation with many "if this happens". There's also no guarantee. I'd say there's a 15% chance or more that this goes to zero if the deal doesn't happen, gets pushed back for 2 years and pxp dilutes us to nothing . But there's over an 80% chance in my opinion only, that this deal happens. When framework is anounced I expect both pxp and fecof to start rising in similar patters but with fecof rising slightly higher. My GUESS is we might see 8 cents with framework. Dips back to 6 or 7....when they drill before the contract is signed, they will uncover different deposits at different times. It's not like they will make one hole and uncover 20tcf (I wish it could) . They will probably have to drill 6 to 8 holes to uncover that much. That first successful drill though will make the stock go to .20-25 ... cents as excitement builds but the contract, nor its distribution of percentages/revenues/profits, will be certain until the details in the contract is revealed. That's where the estimates can vary widely my guess. Anywhere from 50 cents to 1.50 the first 13 months after the contract is signed and work begins. If they use the Malampaya platform, and it will cost them, they may see production within 13 to 16 months from original drilling.
If they start to make an LNG process out of this, the profits can almost double from what Malampaya was receiving per units. LNG is that much more expensive. There's also a process that China developed that can also enhance quicker profits for certain usage. http://money.cnn.com/2017/05/19/news/china-flammable-ice-sea/index.html

I think if you are very patient with this it will pay off huge and estimates will be revised as details will be revealed. Real educated analysts who went to school for this , NOT I, will begin to follow the stock and give professional opinions after drilling and contractdetails are explained for analysis . I would not put all my money on this stock. Apple with its first I-phone was the exception where you could put all your money on one stock. This should be well diversified so you don't worry so much and grow anxious. I'm not buying any more fecof simply because it reflects 75% of my portfolio and that's already way too much. But I'm not selling either. At a certain point though, maybe 25 cents I would re evaluate and see if I want to buy pxp instead if pxp hasn't risen as much as fecof atthat future point in time. I hope that helps good luck