MagIndustries Corp MAAFF

RE: RE: We'll drift until March 1st

[Redpill]

Thanks Sailor,

Your continuous feeding about ELM has been valuable, not very sure about the M&A potential, but it gives us a filter from Burton's effect in our sp and show us clearer market's view mainly regarding country risk.

Regarding Allana (pls no MAA vs AAA discussion again), while doing my DD I've asked myself the same thing regarding water... they report abundant underwater reserves (Parsons water wells). I personally think that AAA became "the market darling" of the moment and they are trading way beyond their fundamentals (like LLL and CPG for example do), but it did not trigger my exit criteria on this uptrend.

At present moment AAA and AMZ have been helping me to stay comfortable while MAA is untangling this finance issue. We have the proven reserves, the licenses, the infra-structure, the energy sources and government in our side. IMHO we are still the best new potash project in the market by far.

Thanks again for your valuable contribution on this BB.

Cheers.