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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
Comment by Redpillon May 20, 2010 8:24pm
350 Views
Post# 17120126

RE: End of 2010

RE: End of 2010As we've discussed before, there will not be any correlation between MAA and neither Potash or TSX until we hear about the deal.

And indeed, if the deal does not go through, probably most of us will sell part / total of the shares... some of us may get a good timing and buy back when we have a bottom and sell after the dead cat bounce to get some of the money back... and, unless things change substantially at the fundamentals, after things settle down, I personally will be buying again.

Not a bad topic... we need to prepare ourselves for all possible scenarios... and I don't think discussing this openly will change the s/p behaviour in overall... this BB is in my opinion a group of small guys helping each other to get to a common objective... at the end of the day, the big guys will set the faith of the s/p value, as we've been seeing on past weeks.

my 2 cents. GLTA.
Bullboard Posts