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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

FOCUS VENTURES LTD. > Seller(s)
View:
Post by wannabeinvestor on Dec 09, 2014 3:51pm

Seller(s)

We know who the buyers are, but who's dumping this stock and why?
Comment by wayned on Dec 09, 2014 7:01pm
Just a bunch of little guys who finally throw in the towel and take the tax lose . Some have held for years and don`t see any future . All the doom and gloom yesterday probably stampeded the last of them today . Better to get 16 than 14 . It could go to Dec. 24 . And management is unlikely to try and stop it . If they want to take this co private and they probably do then from company view the ...more  
Comment by salzach on Dec 09, 2014 8:51pm
I don't think your last sentence makes any sense. Between Oct.2 and Dec. 14 they bought a little over 600K between 18 and 24.5 cents. I f they want the price lower why do they support the stock? Also there is 1 fund holding 12.5 Million. Fund is 10% holder consequently an insider. Nobody is going to take this company private on the cheap. Insiders have a lot of skin in this game. In my ...more  
Comment by wayned on Dec 10, 2014 5:34pm
I was speculating what the plan may be . Obviously If you knew there was going to be a buy out or the company was going private then the more shares you could could get cheaper all the better. Just trying to keep some kind of conversation going on this board which can go blank for weeks . Why don`t you give it a go . That`s what these boards are for I thought .
Comment by salzach on Dec 11, 2014 12:31am
Simon Ridgeway bought 42 K for 16.5 today. Regards
Comment by wannabeinvestor on Dec 11, 2014 11:58am
450k crossed today, there has been more volume than usual lately in recent days.  Someone must have noticed this great asset with healthy insider buying, perhaps? 
Comment by salzach on Dec 11, 2014 2:21pm
That trade was not a cross. Fitz wanted out for a reason not known to me and I am sure insiders bought these shares.
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