Quinsam Capital Corp C.QCA

Roger scooped 100,000

[mercedesman]

...at 9 cents on Dec 4.

he likes to get his personally before the Company buys.

MM

[420mtl]

Not to bad, at 9cents, dividende is 5.5%/year

[RockLobster1]

I just scooped up a bunch at 10 cents over 2 days....  i was amazed when i bought under 20, and 15 and 12.5 as well! Underwater but feel okay with adding more.   Such a huge margin of error and i think solid dividend.  The sector is very unloved, but for a nimble financier there must be lots of opportunity out there.... i expect the sector to bounce back, with quality being

[RockLobster1]

Longer term... I assume QCA is not legally bound to stay with Cannabis... they could go for any opportunity they want? ie there will always be financing opportunities in different sectors, it just happens Roger decided to focus on this one while the financing gap was there. If thats not correct let me know.

[mercedesman]

You are correct.  However while the Cdn Cannibis sector is very unloved at the moment, there is still opportunity internationally (US & other).   Domestically, hopefully Roger can avoid any significant bad debts (loan losses) on the inevitable "weeding out" of a good chunk of the Cdn industry over time. Diversification internationally, AND into other sectors (e.g

[Solexx1]

I'm going to pick up another 50K while we are bouncing along bottom. Biotech is usually very long term. I don't want any more exposure to Crypto.