FEC Resources Inc. (FECOF)

[styl]

“Reed Bank is in western Palawan, that is ours. We’ve been trying to get this out, please do not mistake that Reed Bank is part of Spratlys because that is quite far and that makes a big difference because Reed Bank is not part of the disputed area - there has been no question about the ownership of Reed Bank,” Valte said.

The two Chinese jet fighters reportedly buzzed two Philippine Air Force OV-10 Broncos on routine reconnaissance patrol in the area on Thursday last week.


its kind of funny to see one sentence say "theres no question to it" and then the next sentence shows a military action insinuating otherwise.

Its good to see the philipinos standing thair ground VERBALLY, but it would be GREAT, not just good, if they can get the chinese to echo those same remarks....IN AGreeMent , thats when we go back to 6 cents............and possibly higher relating to other news pending.