FEC Resources Inc. (FECOF)

[styl]

agreed.

Someone made a good arguement here that philex will probably have to wait<under regulations> til after the seismic study before offerring a fair bid....but i could see them tryilng to make a bid before fep gets partnerships signed for the gas deposits.

so basically the stock pops on some future news<confirmations>,then settles down lower before they make an offer/bid............. The more this company is followed...the more the exposure...then the more it will rise...and the less it will settle lower....

Maybe this is why the p.r. is seriously lacking here.......maybe they dont want too many following it so when they do make a buyout offer it wont be too high of a shareprice for them. Also, the downside is i dont see a bidding war since philex owns most of it....although an institution would buy shares for value regardless.

cvr's might make it interesting too, Contingent value right / warrant

glta