FEC Resources Inc. (FECOF)

[styl]

""Earlier, Mr. Aquino said he wanted not only exploration but joint exploitation in the disputed Spratly Islands and the Reed Bank. "

that effing quote really bothers me.....if its an accurate quote then i'd like to rip Aquinos head right off. Its been my understanding all along that the reed bank is in sole control of the philipines...that sc72 is valid because of it......by saying he wanted joint exploitation of the reed bank then it could invalidate the contract to begin with. Did this guy just take money to throw us under the bus?? I hope i'm getting upset for nothing but why would this a$$whipe say that about the reed bank...cant he choose his words more carefully and be specific...are the philipinos in govt. that incompetent??

How does this effect us now?? any views?