FEC Resources Inc. (FECOF)

[styl]

"Do your own DD... "

i did......i'd like to think you are right......its in my best interest.

i think there are 2 camps.....one believing in undervalued companies existing.

and others..some are chartists, thinking that the market calls it right day to day for its current value and will adjust itself on the news and earnings.

I tend to agree with the first camp, and could agree with the second at times but not when its traded by just one market maker who has a spread as high as 25% between the bid and the ask and can move its price on a lousy 10 grand in volume....

jdpro thinks i might be picking a fight with him...on the contrary, i'm looking out for him advising that he doesnt rely on the charts too much with this specific stock....unless we can get at least 3 ACTIVE market makers on this stock I cant trust the light volume for any up or down movement.....the story does seem like its gonna play out but i wonder if we are talking 3 years now......in which case people dont have the urge to rush in....
I had a stock, Duke which had a very large find 4 years ago...but it didnt move much because they didnt start drilling it yet...and that was an already billion dollar company

I'm no oil well or driller specialist....but it seems equity doesnt get priced in MUCH, until every contract and partner is in place to start making profits from that equity..........just my opinion.
good luck