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Bullboard - Stock Discussion Forum FOCUS VENTURES LTD. V.FCV

"Focus Ventures Ltd is a Canadian-listed exploration company. It is engaged in the acquisition and exploration of mineral properties located primarily in Peru. The company focuses on developing the Bayovar12 sedimentary phosphate project in northern Peru. Focus Ventures operates through two geographic segments namely Canada and Peru."

TSXV:FCV - Post Discussion

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Post by schnauser on Nov 01, 2014 5:49pm

Wayned

You've held shares in FCV for 5 years? 2 years ago they were just a junior silver explore co. Why did you buy then? Why did you hold thru a total change in business? are you happier having exposure to phosphate than silver? kind of different investments don't you think?

don't get me wrong, at this point you should definitely hold on. this is a great low risk/high reward opportunity, but probably not from the position you bought the silver co. at 5 years ago.
Comment by wayned on Nov 02, 2014 5:07pm
I first bought in Dec of 2009 at around $1.10 and up into Jan 2010 on the recommendation of Brent Cook . Shoot me for being off by a month . At that time they had a big gold project in Peru and gold was on fire . The drill program was a complete bust and Brent Cook ditched investors . At that time they picked up some very good silver projects that they developed and sold to fund the company . They ...more  
Comment by Stock1998 on Nov 02, 2014 11:39pm
Phosphate investment should be a good idea. US and China now are the biggest producers of phosphate fertilizers, but the supply of rock will be an issue later. For instance, a recent report indicated that the phos rock supply in China can only last for 70 years. As a result the Chinese government has ordered to limit production & export.  FCV's management is exploring opportunities ...more  
Comment by wayned on Nov 08, 2014 12:58pm
Insiders buying nearly every day now . In fact most of the shares for sale are being bought by insiders . That must mean something .
Comment by Stock1998 on Nov 08, 2014 4:25pm
"Nejat Seyhun, a renowned professor and researcher in the field of insider trading at the University of Michigan found that when executives bought shares in their own companies, the stock tended to outperform the total market by 8.9% over the next 12 months. Conversely when they sold shares, the stock underperformed the market by 5.4%. "
Comment by wannabeinvestor on Nov 10, 2014 5:05pm
well, I own FCV to generate returns of 89% in excess of the total market.  given that these insiders keep buying, I may utlimately get there.
Comment by wayned on Nov 16, 2014 2:48pm
I know I`m starting to sound like a broken record but Ridgeway was buying again . I just don`t see what the point would be if they weren`t expecting a good return . I need a very good return to get even .
Comment by Stock1998 on Nov 16, 2014 6:12pm
“Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.” – Peter Lynch
Comment by wayned on Nov 17, 2014 4:46pm
EXACTLY !
Comment by Stock1998 on Nov 18, 2014 8:53pm
It seems that insiders purchased all shares on Monday. Of the 90K shares traded, T. Osler bought 80K, and the remaining 10k was bought by another anonymous trader. Based on previous transaction records, an anonymous trader is highly likely an insider.  
Comment by salzach on Nov 19, 2014 10:23am
Insiders have a lot of skin in this game. Would like to know who is the anonymous seller. They seem to have unlimited supply of 20 cent stock. Whenever they see a 20 c bid they hit it. Regards
Comment by wannabeinvestor on Nov 19, 2014 5:36pm
The insiders know they have a vast, high-grade near surface asset which will be pocked up by a major soon.
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