PhosCan Chemical Corp PCCLF

do something

[Ciao]

I guess they are waiting for the right opportunity and they could very well be contemplating avenues to enhance shareholder value.  Odd to see the company buying back its own shares but with no participation from insiders excpet Case at 70K shares over past few months.

[specboy2011]

That is and has been the plan past 3 years...The DEAL if it ever happen should be the best most well  thought out one ever......Be no excuse for it to fail..Still think at some point Sprott puts on the pressure..Goes hostile or says we want you to use our money here..Just an opinio......They are largest shareholder

[Napoleon001]

Unless "something" is going to happen this stock is looking like a value trap.  When the stock is selling for roughly 25% less than cash on hand, and that is largely attributed to the fact that the company is supporting the share price by using that cash to keep a bid under the stock, that doesn't inspire confidence in the company.  Where do you think the share price would

[stude]

I always wish I have been wrong in last 4 years but ......read NEWS yesterday with language like : " for further metallulgical ....... "  then " very challenging " ........." further work will aim .........."    " to justify more work ........." " to validate .......". Come on guys , don't " DAY DREAMING " , I have

[specboy2011]

I admit the Phoscan project is whast it is.....But valued under PAR makes no difference anyways..I have done well buying these levels twice before so I will buy again.At some point the cash is where its at.......Case running on borrowed time if nothing goes down this year..He had support of large shareholders last time the rumblings went on..Doubt he gets it next time.Sprott is not in there