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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 cjsellon Feb 02, 2010 12:30pm
304 Views
Post# 16744015

MAA stress testing

MAA stress testingMAA is being stress tested, players want shares and are willing to drive the share price down in an effort to shake out the emotional sellers.  Make no mistake, the pieces are in place and the solution mine will be built.  Too many positives to worry about some pressure, the value of this stock will emerge.  The stock will certainly be voliatile over the next 3-4 months, but any additional positive internal news (milestones completed) or external news (increased demand in potash) will send us much higher. 

We will see how this plays out, I am long on MAA even though MAA's  management to date has been less than stellar.  Also we will see a shareholder vote on this, probably early summer.

CJ
Bullboard Posts