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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 CapeBretonon Apr 20, 2011 10:10am
469 Views
Post# 18460141

another bid?

another bid?

I wonder what the chances are of another bid.  Makes you wonder what TLCs offer was, was it more then 25 cents?

There are certainly other eyes looking at Mag, they have always had interested parties, but will any of them feel some pressure to make a competitive bid.  The NR gives a 35 day window which is sometime (not a lot) for another bid to come through. 

Shareholders need to speak to Rich to know if there is anyone else serious enough to sweeten the pot.

Bullboard Posts
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