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Bullboard - Stock Discussion Forum PhosCan Chemical Corp PCCLF

GREY:PCCLF - Post Discussion

PhosCan Chemical Corp > News 37 cents share cash now
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Post by specboy2011 on Apr 28, 2014 7:26pm

News 37 cents share cash now

Seems there is a expense for advanced stage due diligence.Not sure if its still ongoing or shelved but its there.Bought back over 10% of stock last year.Thats a biggie ....jinmmann Can you FEEL IT??????

Comment by mudguy on Apr 28, 2014 7:33pm
Spending money on DD is a good sign. The details are more specific this time.
Comment by specboy2011 on Apr 28, 2014 7:35pm
57 million cash AGM countdown July 23 2014.I will be there jinman.Come and join me.......
Comment by paljoey on Apr 29, 2014 8:05am
That is true but the phosphate property in Ontario is near worthless. So, will management hang on just for their salaries spent almost entirely on a simple buyback program. Where is the growth potential with this shrinking capital. Its dead money. A much better buy is Melior ( MLR ) trading at 13 cents with  $24 million in cash, a very attractive investment in a new nickel/copper mine in ...more  
Comment by TimTimTim on Apr 30, 2014 10:35am
Why do you say the Martison property is nearly worthless?
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