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Bullboard - Stock Discussion Forum PhosCan Chemical Corp PCCLF

GREY:PCCLF - Post Discussion

PhosCan Chemical Corp > Hmmmmmmmmmmm
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Post by Rainman on Feb 12, 2013 2:03pm

Hmmmmmmmmmmm

Over 1,000,000 block trade today on Alpha at .275.
Comment by birdie22 on Feb 12, 2013 2:23pm
And it was 002 RBC, they are the broker they use for Company buybacks.
Comment by Rainman on Feb 12, 2013 3:06pm
National should be out of the picture now.
Comment by specboy2011 on Feb 12, 2013 4:50pm
Good stuff,,If they are willing to cross out a player at .275 all right with me,See if it is insider or not..Either way time to move I hope..Last time I talked to Case he said RBC was in charge of buyback for company and they pretty much had rules to go by on amounts etc..He said set amount shares a day based on trading volumes...He did say though a cross could be arranged for larger amounts...
Comment by Rainman on Feb 13, 2013 2:05pm
Looks like that buyer might be someone else:   Toronto Stock Exchange   Company Name : PhosCan Chemical Corp. Last Updated: February 12, 2013 Date Symbol Insider Buys Volume Insider Sells Volume Insider Buys Value $ Insider Sells Value $ Insider Buys Transaction Insider Sells ...more  
Comment by Rainman on Feb 13, 2013 2:07pm
OOPS. I may be wrong there as I don't know if the Venture picks up on insider trades made through Alpha.
Comment by birdie22 on Feb 13, 2013 5:00pm
I do not think they do, In Jan. they purchased 350,784 it appears in 1 lot and I do not remember it being posted here till INK Research posted on their website.   Jan 31/13 PhosCan Chemical Corp. Direct Ownership Buyback, redemption, or cancellation Common Shares 0.00 -483,204 -100.0% 0 Jan 25/13 PhosCan Chemical Corp. Direct Ownership Buyback, redemption, or cancellation Common Shares 0 ...more  
Comment by specboy2011 on Feb 13, 2013 6:21pm
Hard to find much data for Alpha without paying for it..Might have been a institutional cross........Personally I would rather it not be a insider buy..Keep our cash for when we kick the CEO out and get a special dividend of 34 cents a share and disolve the company.........That was a joke but not entirely out of the question....20k more today at 27....
Comment by specboy2011 on Feb 13, 2013 10:50pm
18k buyback today again..Been a daily occurence everyday this year.......Past 6 months 10 million traded aveage 28 cents........Now that would be a solid base imo