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Itafos Inc V.IFOS

Alternate Symbol(s):  MBCF

Chemicals Basic Materials
Itafos Inc. is a phosphate and specialty fertilizer company. Its businesses and projects include Conda, Arraias, Farim, Santana and Araxa. Conda is a vertically integrated phosphate fertilizer business located in Idaho, United States with a production capacity of over 550 Kiloton (kt) per year of mono ammonium phosphate (MAP), merchant grade phosphoric acid (MGA) and ammonium polyphosphate (APP), and approximately 27kt per year of hydrofluorosilicic acid (HFSA). Arraias is a vertically integrated phosphate fertilizer business located in Tocantins, Brazil with a production capacity of approximately 500kt per year of single superphosphate (SSP) and SSP with micronutrients (SSP+). Farim is a phosphate mine project located in Farim, Guinea-Bissau. Santana is a vertically integrated high-grade phosphate mine and fertilizer plant project located in Para, Brazil. Araxa is a vertically integrated rare earth element and niobium mine and extraction plant project located in Minas Gerais, Brazil.


TSXV:IFOS - Post by User

Itafos Inc
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Comment by potplayon Oct 08, 2014 10:11am
142 Views
Post# 23009539

RE:Volatility before Financing Package

RE:Volatility before Financing Package The problem with MBC is that sentiments are totally against the company having raised capital at 70c previously. Those who have been hurt, do not forget!! Secondly market sentiments are bad. It is Oct, anniversary month of the major stock market crash about 6 years ago. Investors are concerned with another crash or big correction coming as this happens every 7 years or so and DOW was at all time high. World growth is slowing as announced by IMF and finally "sell on fact / news" still holds!! I am glad I was not too deep into this sh*** and had never considered technical as the only way to go... Still waiting for a break up? More like a break down now... jmo
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities