FEC Resources Inc. (FECOF)

[styl]

i would have to agree...it looks much much closer to the philipines than what is highlighted as two dots as the spaltry islands.......

supposedly there must be an oceanic map showing what waters belong to whom....


i wonder if any of that can be considered as shared waters........like a buffer zone or international waters.


The fact that china considers taiwan part of china and we all know it is not and continues as a seperate country, has me a little more hopeful that this wont end as a communist takeover of that find.........
although china is extrememly hungry for energy now and theres always a possibility of anything ..
I think that if we get partners for this, it will show confidence from people smarter than us willing to risk a billion investment on better information...........
If we dont get partners anounced <within reasonable time> it shows that the international community is scared that china will just reach in and take it.

At this stage in the game, i'd take the 3trillion with a definite partner and understanding with china than a possible 20t up in limbo never to be drilled.
in other words...the seismic study....even if great analysis is released will not do much percentage wise for this stock as compared to knowing that this issue of contested waters is cleared up.
its like finding out that the wallet you had stolen had more money in it than you had realized earlier....wouldnt make you happier or richer to know that.
this might be a buying opportunity as i think it may very well go to 2 cents again....and then shoot up if all turns out fine.....or it might be just a gamble that goes bust...I have no clue what will happen now.....i will hope for the best not only for fecof but also because this can become an international incident involving energy.

glta