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MagIndustries Corp MAAFF

Agriculture Forest Products Agricultural Inputs Lumber & Wood Production
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

MagIndustries Corp
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Comment by cjsellon Feb 11, 2010 2:01pm
297 Views
Post# 16776350

RE: Potash is goold

RE: Potash is gooldDelice, as much as I would like to agree with you, I do agree that potash is still going to be great.  However the Burtons have burned any goodwill they have left.  To be sure major players looked at MAA and obviously gave it a thumbs down.  Otherwise why was MAA so DESPERATE to make a deal with the Chinese?  Why on earth would they AGAIN give up 51% for nothing concrete now?  As long as the Burtons are driving the bus MAA is TAINTED for not delivering any tangible deal.  The share price will float up and down, but why wait on a bunch of #ssholes when there are better options right now?  IF and I say IF Complant comes in NOTHING will happen with MAA until summer at best.  I started to buy wat back at .17 and .25 so I did ok, but it could have been great.  Another chapter in buying into stocks where management knows what they are doing.  

 I will be looking to buy at .25 - .30  unitl then, best of luck to the longs.

CJ
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Dealroom for high-potential pre-IPO opportunities