FEC Resources Inc. (FECOF)

[styl]

hello everyone....i was away in greece to see my folks....just got back..........I'm still holding fecof at an avg price of .035....i averaged down and own 640 k shares and another 100k in my nephews account.........news seems to be swaying a little bit more on our side lately.
I'd like to see a jv done soon but not a chinese company.......whats to stop a chinese jv company who is later ordered from their chinese dictator to pay the chinese govt. instead of the philipines.NOTHING is the answer so i am dumbfounded by the handful of ignorants on this board that would like to see something like that happen.
Warships bought to patrol sc72 is awesome news......offers for jv partner would be great let alone a jv anouncement.........but from last theyve anounced a year ago...no offers have been made and that anouncement of an offer should come before any agreed anouncement.
china open to discussions on joint spratlys is a huge relief as the reed bank should be the first to be left alone to the philipines in this disagreement.
profits for fecof sounds good too...i wonder how strong that revenue stream will be and for how long.
i need to look further into these spinoffs and see if its affected fecof in any negative way......if someone has already done the research i'd like to hear their own conclusions.thanks.
is the spinoff being traded yet......if theres any links on the stock symbol or how to get it, i would appreciate it...I assume you got to own philex before its spun.........or has it already been spun and not publicly traded yet?