Replies to post #12342 on FEC Resources Inc. (FECOF)

[BurndB4]

Yes it appear while I was not paying attention, the Philippines got woke and swallowed the Green Cool aid.
It looks like the former dictators son is going to be elected, at this time. He is pushing wind instead of oil or gas to "fix" the country.
This is the third time in many years I have gotten burned by this stock. I am out, out. Good luck to all.

[Dcab]

PXP trades on the Philippine Stock exchange and has given back all of its gains.

https://www.pse.com.ph/company-information-PXP/

In a letter dated April 6 signed by Energy Usec. Donato Marcos, which PXP Energy attached in its disclosure, the DOE said the SJPCC took into consideration the “political, economic, and national security implications of any activity in the West Philippine Sea” in deciding that exploration firms should secure clearance first before proceeding.