GREY:MAAFF - Post by User
Post by
brexx_14on Nov 16, 2009 12:27pm
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Post# 16490945
Get onboard the runaway train
Get onboard the runaway trainHey everyone,
New to the board but have followed MAG for the past year. My opinion is that once this financing gets done the sky is the limit. I recall Peter Hodson from Sprott was on BNN last year and said the NAV of the deposit of potash alone is $5.00/share. If only MAG had financed last year but hindsight is 20/20. Once we get financing and the shares push back above $1.00 the institutions will start getting involved again, as most dont invest in companies below $1. If anyone can tell me what changed between this year and last apart from a bad market and delays in deal making I would love to know. Otherwise here we go to at least $3.00 by the end of next year.