FEC Resources Inc. (FECOF)

[styl]

We will need more then luck again. We need good strategy.

Even if the deal is anounced for them to re explore .... waste of time. We already know what's there, and they verify the reserves.... pxp can triple and fecof could still stay unmoved in fear that Wallace and company have no intention to let fecof continue as a company. They want to transfer its forum shares to pxp for peanuts and then pay themselves for doing so with the same funds they receive until the company is effectively worthless . I make this claim with what they've done repeatedly and historically for the last 8 years when forum ownership held by fecof was once as high as 25%. Or more They repeat the same actions over and over.That's why Wallace suggested we just bypass that and ask for a measely 5 mil
For the company. Wallace and company have no interest in seeing fecof continue as a going concern. They do not promote the stock or seek bank assistance to see this companies potential of a growing company when the deal is made. I offer their reclassification of our company and how they value it's equity as proof. The denial must stop. We must stop giving these crooks the benefit of the doubt that they are just doing there best here. What an effing joke !!!
What we need here is a strategy to avoid the outcome I mentioned. Thank god we are finally getting organized and what I suggest is easier said then done as we need professional leadership here to take the next task. We need a bankers assistance or another company altogether to to take interest in Us and help take us and our shares private until the true value of our forum
Shares can be made evident. Nidof management did exactly that. They made an offer to their outstanding shareholders and whoever didn't take was taken private with the rest of their team. That's what we need. This would be a bit more difficult as it would be an unsolicited bid to take fecof private . Worse case is we open a bidding war for fecof. Which is good!!! And we also substantiate a clear value for the forum shares we own in the open public market which the damn management team of fecof has avoided in doing so intentionally , as to transfer our shares to pxp under the false premise that a fair value price for our forum shares cannot be made and is at the whim of their charade that their pxp master can basically continue to name their price when they have a different valuation system for their forum shares to be held in high market regard as compared to the demise of ours from the valuation system they changed us to for fecof..
We need an arbitrage company or someone similar to see our plight and see the investment opportunity themselves to offer to buy this company from pxp for even just 2 pennies. By doing so they will effectively protect the forum shares from being stolen from us.
I'd rather see myself get ownership of another companies shares that will retain our measely 6.8% of forum shares in the new company then see a repeat performance of fecof management stealing our forum shares until the company is utterly worthless and a shell of a company and its stock trading at .000001.
I've been following my investment here for about 10 years. Heed my warning folks. We need a solid strategy and action now. The way things are set up will only benefit pxp shareholders even if sc72 is a 500 billion dollar well. I openly welcome anyone with institutional connections, be it Irish/matt or anyone else to help save what's left before this is once again stolen from us right before our big payday under normal circumstances would have existed.