FEC Resources Inc. (FECOF)

[styl]

i like to be upfront and honest on my research abilities.

ask me to analyze a regular growth company like netflix or true religion jeans and I'm very good at it........ To analyze any type of oil and gas driller.especially a speculitive one at that, and I have absolutely no clue.

I can only suggest as one would do in real estate, making a comparative appraisal.........I think the malampaya gas field with their 3 tcf of gas and in the same region should be as good as a comparative as we could hope.

After someone posted about nido petroleum today.....i did some research on them since they too are off the coast of Palawan,,,,nido island.....i read that they had a well that they terminated last year..it was a bust, water seeping in.etc<on their website>...so this geography as successful as malampaya has been, still poses risks.......and i wouldnt know how to evaluate those risks......thats why i refuse to put more than 15% of my money on this company.even though i feel that lucky number 7 is gonna payout on the roulette wheels next spin.

I would love to hear from someone who is a specialist in this sector to step up, and lead us correctly on what to look for, what to expect, and how to properly value this going forward when speculation is done.