FEC Resources Inc. (FECOF)

[styl]

hello eom


I hope you know that ive grown to respect you and your opinion over the months, despite some sarcasm on your part from time to time. I am long just like you......but i wonder if you intentionally pick out the quotes you want to hear........all this outlook from rosy colored glasses...........why not just leave the entire article as is, which includes all the negatives and risks involved with this too........Its better to be weary and a bit careful than to just be completely optimistic with your stock.let alone one that is highly influenced by chinas handling of the issue....these are some quotes that you left out....all at the end of the paragraph....you should not disregard them...china can say they are open for discussion, but so far this is their stance:

China claims indisputable sovereignty over the Spratlys, which it call the Nansha Islands.

China warned last week against any oil exploration in waters it claims in the South China Sea following the Philippines’ announcement of plans for possible drilling in disputed waters.

The Department of Energy said that UK-based Forum Energy had completed a seismic survey for the Reed Bank, near the disputed Spratly islands.

In a statement, Forum Energy said it had completed a seismic survey on the Sampaguita gas field off Reed Bank, which is much closer to the Philippines than China.

However, oil and gas exploration in the waters it claims without its consent is illegal and invalid, China said.