FEC Resources Inc. (FECOF)

[styl]

KEY FIGURES (Latest Twelve Months - LTM)
Yesterday's Close 0.04 $
PE Ratio - LTM 0.0
Market Capitalisation 18.4 mil
Latest Shares Outstanding 439.1 mil
Earnings pS (EPS) 0.00 $
Dividend pS (DPS) 0.00 ¢
Dividend Yield 0.0 %
Dividend Payout Ratio %
Revenue per Employee $
Effective Tax Rate 0.0 %
Float 101.7 mil
Float as % of Shares Outstanding 23.2 %

trying to think ahead....like the great one wayne gretzky who said he scored so many goals because he got there before the puck did.

theres 101 million shares floating around.....i dont think the institutions will let go of their holdings anytime soon.
so if i own a quarter of a million shares with just a lousy 10 grand invested....and there are more than a few that have a million shares in their pocket already...........and there are about 100 people on this board........

well.........lets say we were all strong enough to not jump the gun and sell quick at .15 cents but hold off for much higher returns..........whats really out there for people to buy? besides this board there are many silent holders who have forgotten about this holding and wont check til the end of the year.
out of the hundred million shares..i'd be suprised if the market makers are sitting on more than 5 million shares. whats really out there for immediate sale? 10 million shares? less than half a million dollars worth?
so lets say some bigtime oil guy realizes what an opportunity this really is after they confirm upwards of 3.5tcf in sc72............and he comes to the conclusion he wants in because this can reach 50 cents or beyond....if he wants to buy 500,000 dollars worth<12.5 million shares at.04> or 7 million shares at .08>......he will single handedly move this thing to 30 cents....and it would still be a buy long term.
just my opinion