FOCUS VENTURES LTD. V.FCV

Brazil's Vale shares jump on talk of fertilizer unit sale

[kimber]

https://uk.mobile.reuters.com/article/idUKKCN11R20W 15 times EBIT????? And that's at the bottom of the cycle? Might explain why Simon, Mario, et al are buying all the stock all these years?

[wayned]

I`ve been here since the fall of 2009 but that`s it for me . I don`t know why there was insider buying for so long . Maybe these guys believe their own hype . They got out of gold and silver at exactly the wrong time . Now they are trying to raise big money when phosphate is at multi year lows . All they`ve really done is equity financings to keep paying themselves nice salaries . With the huge

[kimber]

its an excellent project. Thats what is important.  We are at the bottom of the fertilizer  cycle-maybe coming up out of it.  If you think  Simon and his henchman have wasted 4-5 years of their time pursuing this phosphate play for naught, only to basically transfer the potential future value of their 5 year efforts to a third party, I think you're mistaken.But, WTFDIK? If

[18Months]

Couldn't agree more Kimber.  You can't do much about timing but if you're sitting on a quality project it's just a matter of (intelligently) waiting for the market to come back.  Let's hope there's no further dilution.