i gave it much thought and have decided i personally cannot add anymore shares going forward even at these prices............i may change that decision if the stock somehow under heavy selling trades at .005......my stomach will hurt if that happens,,,,i might even vomit once or twice but i'll find comfort in knowing i will at least be buying into the successful galoc field at a very reasonable price IF NOTHING ELSE and bringing my dollar cost average even lower to one day have an opportunity to AT LEAST recoup most of my investment if sc72 never happens.....
I probably sound bi-polar today but in actuality i am justifying a floor in an event sc72 continues not to come into fruition......this company should not go to zero before the likelyhood of a potential BOOM/up......galoc is woth some book value and bottomline......only bad loans and dilution can threaten that equity but fecof and fep.l have handled the BASIC episode quite well before.......and if PHILEX wants another 2 million dollars worth of fep.l, even at just 5 cents a share this time, it should still keep us afloat...........its gotta be one of these institutions i mentioned earlier with a few million shares they want to dump and offset their losses with.........to them it wont matter if they sell at .0088 or .0035, when they want out in a hurry they will leave blood in the streets.
IF that happens please be prepared to scoop up some shares around .005 because Galoc simply justifies it at those prices.
fecof if at .005 = a bit over 2 million market cap...meaning fep.l in comparison would be worth 8 mil<theoretically> and fep.l's worth of galoc should bring in between 6 to 8 million in revenues for 2014 alone, therefore dont be inactive/scared from buying if you are lucky enough to see .005
lastly i want to share that in the last 5 years on or around january 1st every year the stock seems to make moves higher....past performance is no guarantee but trends do sometimes more often than not continue with specific stocks.
