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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 Brainwave1on Aug 21, 2010 6:28pm
364 Views
Post# 17372005

RE: RE: RE: Pointe Noir facilities

RE: RE: RE: Pointe Noir facilitiesThe various Iron Ore, other mining projects, in the interior become relevant to us/MAG only in the event that their own bulk handling facilities for potash also end up being used for Iron ore, etc. I don't see the evidence that that is likely to happen for several reasons; any investor/mining company running a large iron ore operation will probably have to establish their own bulk facilities, separate from potash (two different things). So, the direct influence any of this will have on Mag and the SP in near future is limited to none. My opinion/reading of things.
Bullboard Posts