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.

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MagIndustries Corp

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Comment by CapeBretonon Mar 03, 2011 1:01pm

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Post# 18225970

RE: RE: whats up with Volume?

unlikley BIll has sold his shares, he is unlikely in a financial needed and would have the time it will take to wait for a deal. I am not certain if he did sell whether that would have to be declared, does he maintain any professional connection now that he is retired? The big chunk of volume was impressive in size, didnt move the sp very much, but does make you wonder if this was an insitutional buy, could offer some hope the funds have interest in Mag going forward.

Still would like to know more about when Mag will share the "options" they are exploring. the TSC deal fell through awhile ago now, so come on Mag, whats up???

I still think Vale will be in the pciture...

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