Welcome To The Phoscan Chemical Corp HUB On AGORACOM

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Message: What's happening..

they have not p...ssed away 60+ million

their burn rate is less than 1 million per year

they are buying back shares at a discount

they are still doing work on the property

i would call them conservative stewards of shareholders assets.......and i like this..now if i were a big speculator i might be a little upset......because at this point in time it appears to be dead money....but seeing as i'm a little speculator....i can wait up to seven years to double my money... which would give me a rate of return of +7% compounded....the arithmetic is a little rough but its close enough......for me......oh and the discount of cash per share to market price...fanf...ckingtastic.....and no debt...fan.............tic

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