PhosCan Chemical Corp PCCLF

Sept. Company Buy Back

[birdie22]

As per INK Research Company Buy Back Sept. I believe the existing NCIB ends Oct.17 th.

 

Transaction Shares/ Account

Date Insider Name Ownership Type Nature of Transaction Security Price ($) Units Change* Account Balance

Sep 20/12 PhosCan Chemical Corp. Direct Ownership Buyback, redemption, or cancellation Common Shares 0.00 -20,500 -100.0% 0

Sep 17/12 PhosCan Chemical Corp. Direct Ownership Buyback, redemption, or cancellation Common Shares 0.300 20,500 > 100% 20,500

Aug 31/12 PhosCan Chemical Corp. Direct Ownership Buyback, redemption, or cancellation Common Shares 0.00 -32,500 -100.0% 0

[specboy2011]

I think Cage should retire and distribute the cash to shareholders.Fact is this company has had ZERO shareholder appreciation for 4 years.Love trhe cash but maybe time to make it work for US the shareholders not You the monthly paycheque.

[marymart]

Would have to agree. going nowhere after 5 years. Time for management change. Still believe phosphate asset is significant and very valuable. Phospahte is a very limited resource worldwide, but may take years to unlock taht valuue (certainly with this management).. But can't help believe more shareholder value to ce realized wth new management.   

[stude]

How we do this guys ? I have been calling to boost THIS CEO out in last 4 years . HOW WE GET RID OF THIS CEO PLEASE ?

[nikger]

to all you monkies who bash steve don't you see that he has preserved the cash...you even see quarterly profits sometimes as a investment you can buy it at 28 and sell it above 30 maybe 2 or 3 times a year of in other words you can make 10 - 20% or more return on virtually a risk free company as it trades below cash with 50 -100% or more upside potential take it from me i retired at 29 as

[nikger]

though i will admit i would have turned that 60 mil plus into 250 mil in the last 4 plus years and would have owned a couple of gold mines in the process but that is the problem with stephen he doesn't understand how to trade stocks and use the cash to make more cash