FEC Resources Inc. (FECOF)

[styl]

I can only guess that this could be China’s strategy of killing the clock and letting time run out so the philipines is more desperate every passing day to drill a replacement for Malampaya. The art of war in the process. As the Chinese have successfully stopped the ph from drilling in their own waters and to deal only with the low life commies who will wait for ph to be more desperate and give favorable terms to China. The deadline should never have been 12 months but 6 months or less and threatening to go to international partners of the speedy “ process to get this done was not met. I curse the day duterte got in with his anti American sentiment. The previous party would have had the us and England building the platform by now. And to think that these idiots put a one year deadline as a last minute add on in the contract. This is the best of the best in the philipines? Clueless really . Hopefully it’s not last minute on the damn deadline . I just keep getting older here and many moons have past on this dragged out agreement to make an agreement “ garbage. My last investment in this backwards country bit I’m still holding for the 4th quarter whatever the outcome. Pxp is holding up well all things considering.