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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 Jul 30, 2010 1:02pm
386 Views
Post# 17311102

RE: RE: RE: RE: RE: What does Complant shares has

RE: RE: RE: RE: RE: What does Complant shares hasWe all know that Complant is much more then this deal, but the correlation which numbers is mentioning, along with increasing of volume and the reactions at the 000151 buzz boards are at minimum a very big "coincidence".

https://finance.yahoo.com/q/bc?s=000151.SZ&t=3m&l=on&z=m&q=l&c=maa.to

IMHO, the sp is not appreciating mainly because what we are seeing at this BB, but in a market size scale. People are afraid that things may turn south and MAA need to start all over again. If they have to, Mengo is at risk of not being the next new potash mine anymore.

My risk / reward guesswork is, we'll be by end of November: 50% down to 20ish if does not go through, 200% up to 90ish if it goes. If it was a 1:1 chance, the risk would be worth already. I think the odds for the deal to go through are better.
Bullboard Posts