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MagIndustries Corp MAAFF

MagIndustries Corp is engaged in development and exploration of potash salt deposits. The company has two business units: MagMinerals and MagForestry. It is primarily engaged in the financing, developing and placing into production or operation of the projects such as potash plant, a potash exploration and eucalyptus plantation and chip mill. Geographically all the operations are functioned through the region of Canada.


GREY:MAAFF - Post by User

Bullboard Posts
Post by brexx_14on Dec 21, 2009 1:41pm
445 Views
Post# 16607741

Potash prices up?

Potash prices up?Who cares when your never going to get the stuff out of the ground?  Why do you people keep acting like a raise in the price of potash will help us?  It wont until we can prove our project is feasable, and bad news bagholders, its not until we have a billion dollars.  And anyone who thinks SNC, POT or MOS will take us over is sadly mistaken.  POT and MOS dont need an african mine, they have enough potash in Canada.  SNC?  They are an engineering/construction company, not a commodity play.  Agrium is bidding on CF.  So as we drift down pennies week after week all of a sudden a 30% premium on a buyout will take us to 50c and the shareholders will approve it because they will know by then that management is weak and will never close a deal themselves.
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