FEC Resources Inc. (FECOF)

[styl]

when the board is overpessimistic....I try to balance things out with the potential...the risk reward scenario,,,,,,,when there is nothing but optimism on this board I feel the urge to bring some balance to this board with time frames.....ceilings...etc........philex petro had a huge run and fecof had AN AVERAGE daily move of 12%......COULD BE A HUGE BUYING OPPORTUNITY......could be that they simply have a much smaller ownership ..........and god forbid the insiders know that the philex board controlling fecof might sell them out in ways of contracts and partnerships going forward............Philex was and always will be the sure bet..diversified company with total control over fep and fecof...in theory fecof should beat them all in market cap % increase but this is a cruel world and they dont have the control over their own destiny.
All things considering ,today was a very good day.....I own combined around 800 thousand shares........i will hold........but i will also stay my old self and look at the statements in their full context and not just highlight statements out of context my old friend. GLTA
to roughly answer your question about fecofs worth reflected in philex petros share price today, which by the way is not absolute due to the thin float of those shares too......You can guestimate fecof should be trading at roughly 23 to 28% of philex petros marketcap<philex petro has more going for it than just a one trick pony in fep like fecof does>.........and a volatile market cap at that.