FEC Resources Inc. (FECOF)

[styl]

I agree sagedono, it does sound lofty on the surface, but.........

I am not a pumper of this stock....i try to be conservative even pessimistic for my own good.....I was even accused as a basher by a few on this board who were quick to judge.....but the TURN of events in just the last 3 weeks has me seeing FEP being valued rather quickly, as around a billion dollar company if its resources are validated, and with 25% ownership for fecof that should equate to around 200 to 250 million market cap......considering at 4 cents its valued at only 17 mil currently.........this is the foundation of my reasoning and basis for my numbers.......40 cents is not a lofty expectation all things considering. and two dollars as an established company with profits might not be a pipedream either.
I remember telling people netflix would be a billion dollar company 3 years ago and they all laughed at me and they had the nerve to tell me blockbuster would beat them.
If china was to invade palawan <which i think is highly unlikely> then i would value this at zero. I was seeing red 3 weeks ago but those fears were overhyped.......I think china is just trying to make sure<influence> that they get to buy some of those resources for their insastiable growth. China has gone as far as canada to get oil and energy.