FEC Resources Inc. (FECOF)

[styl]

there is always discrepency on price...thats why there is volatility in most stocks because it is an art and not a science on guessing the "correct price"........all you can truly guess is the average value of such a field and see if its undervalued and if the right moment arises, and it gets exposure, it should recognize more value.
The thing is that with fecof theres been plenty of time for someone to recognize fecofs value.......especially with the chinese incident, which i hoped some good exposure would come of it. We are not rocket scientists to have figured the indirect ownership of fep through fecof exists,,,,,,,,,and therefore any college graduate/analyst would have seen this by now too.........and you would have some serious institutional buying<hasnt happened>, and the big oil companies scrambling to develope this<and yet no offer has been even made!!!>.
the way investors say that theres "proof" already........well i say wheres the bidding war on the field for development?
I am long this position but considering all the factors that could go wrong with this company....i would never buy it at 7 cents today........if they get an offer and we do the math...then all that changes......somewhat....day to day.