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Bullboard - Stock Discussion Forum PhosCan Chemical Corp PCCLF

GREY:PCCLF - Post Discussion

PhosCan Chemical Corp > $66 Million Warchest intact
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Post by Explore4More on Mar 06, 2012 11:05am

$66 Million Warchest intact

Many Juniors Burn their Money Foolishly.....and 90% of the Investors complain....

Here we have FOS - they Raised Boatload of Cash @ Higher levels ($1,90 PEak)  and are Not Blowing it wrecklessly and we have Complainers. This I an appreciate. 10% of Investors may Complain.

Keep in mind 90% of the Time Stocks don't Do Much....it is that 10% of the Time they Move that you Want to own them. Do the Complainers end up Catching these Key Moves ? I think NOT...that is whey they are refered to as complainers.

 

That being Said....FOS looks like it is ready to Soon make a Big Move....

Comment by moneymotivator on Mar 08, 2012 10:26pm
Yarp it should come back eventually, hard to believe it's still trading below cash value with no debt. I guess there are a some opportunites costs of holding cash. Managment's conservative strategy appears to be paying off. They made a million plus in Q3 thanks to its holdings in US dollars not bad for a company that has been pretty quite on the news end side of things. Interesting to see ...more  
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