GREY:PCCLF - Post by User
Comment by
specboy2011on Mar 09, 2013 4:05pm
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Post# 21105305
RE: RE: do something or DOING NOTHING CEO
RE: RE: do something or DOING NOTHING CEO 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 position of 40 million plus shares at 27 cents.Thats a fact......As for company buying back shares to support price.Yes it might have kept it a penny higher but 20k a day is not really that much.......Yes a million cross happened but every share bought 27 buts a extra 8 cents cash in kitty towards shares left.....Remaing shares are worth more per share.....