PhosCan Chemical Corp PCCLF

Phosphate properties being bought

[Rainman]

Focus Ventures has acquired 3 phosphate properties in Peru and Colombia recently. I would think that a Canadian property would go for quite a premium over one in an area that has such high political risk. Just an example to show that these properties are in demand.

[specboy2011]

DAN has one in Quebec..5 times the tonnage compliant but 25% the grade.......Its trading 80 million market cap..Go figure..Been ZERO promo in here at all......Need Sprott working behind scenes to find a buyer for Martison then go hostile on FOS take it out 60 cents or so........Sell off the project reinvest the cash make a few bucks on the side...

[kemano01]

Check your facts Specboy, the DAN grade is 39%, one of the highest in the world.  the PhosCan deposit is a different grade of Phosphate and cannot be compared.  It is a moderate grade and with the current tonnage will be difficult to justify a mine.  That is why DAN is proceeding and PhosCan is in the dumps. 

[specboy2011]

43101shows 7% for DAN.....FOS is in the 2o's........Any event much larger tonnage.Still DAN might end up the same as FOS...Limbo...FOS was proceeding at the same stage of DAN couple years ago.Just my opinion not bashing DAN........

[kemano01]

The method you are using to compare is not correct, the quality of the DAN product is 39%, check out the DAN web site and it will show the difference between the two types of Phosphate.

[specboy2011]

I was going by the 43101 Report.......But does not matter......This is the FOS board

[Napoleon001]

Specboy...regarding "FOS was proceeding at the same stage of DAN couple years ago.Just my opinion not bashing DAN........" if you reference the attached charts it becomes obvious that at least over the past roughly (5) years these companies are going in opposite directions (t.fos is down 75% while v.dan is up well over 1200%).  https://finance.yahoo.com/echarts?s=dan.v#symbol