FEC Resources Inc. (FECOF)

[styl]

i would agree with you,

huge news could come of this.........hugely good, and/or maybe hugely bad...depends on how it will perceived by the majority of the shareholders old and new.

one thing that should be noted is that this is an annual meeting they have and not made specifically to discuss service contract 72/ the reed bank. They should get to discuss it in my opinion but its not out of the question that the chineese could choose to sidestep and avoid discussing this issue altogether for a later time. If forced to respond they will more than likely reiterate their current and persisting statement that the nanshun/ spartly islands are chinese.

besides the fact that china is oil hungry and desiring to continue their amazing growth while looking for future energy supplies, they are also looking at asean as current and future competitiors who could slow down chinas growth by taking their business away. Therefore just keeping that oil supply out of the hands of asean countries, who would benefit greatly and get a boost to their growth from it, is most likely another factor and reasoning behind chinas harsh stance. to simply keep their competitors down.

I think the reed bank will be resolved........but i think spartly islands will be tied up for decades.
glta