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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
Post by Irish123on Feb 07, 2011 9:14pm
536 Views
Post# 18090897

If mag is able to ink the deal soon...

If mag is able to ink the deal soon...I wonder if they will be able to partake in the run up a lot of the other junior potash companies have been enoying in the past 6 months:

AAA.V - 445%
PPI.V - 1100%
SFT.V - 350%

In fact, sft.v has trippled in the past 2 days and aaa.v/ppi.v seems to be up 25%+ every single day lately.

Are we seeing a bubble in the junior potash mining companies?  Will mag be able to get on this gravy train or has their reputation ruined their chances?  How high will the SP go?

Time will tell I suppose.  Any thoughts?

Bullboard Posts