PhosCan Chemical Corp PCCLF

Why are we paying $7.40???

[matisse2003]

The market says that Petrus stock is not worth $6.18 so why are we paying $7.40?????  Have Stephen White and Rick Rule been duped?????  From everything that I have read these are smart guys so what am I missing????

[briliantpebbles]

i started buyng after deal was announced. i like the deal. and I believe so do the insiders. if you tak a long term perspective it's a good deal. maybe a great one. also it's the best one they could get. if they didn't have the deal in place the stock could be far lower. I don't know if you've done any research on the people involved with petrus .might be worth your time. if

[matisse2003]

Stephen White was the insider with the 700.000 share buy on Dec 2, Also Stephen Case for 75,000 so at least they are putting their money where their pen went.