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Itafos Inc V.IFOS

Alternate Symbol(s):  MBCF

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

Bullboard Posts
Post by thediggeron May 12, 2015 7:48am
221 Views
Post# 23718132

May 20th Insider's transaction

May 20th Insider's transactionI don't know why some of you are that worried about the outcome.  There are just 2 reasons why an insider purchases shares on the open market.  First, he feels that it is a good investment, and then, he has confidence in the price of the stock.  So, if a MBC insider buy an huge qty of shares at 0.095, you should not worry and should sit back on your chair and wait.  We don't know who is that person yet, but it does not really matter. We just have 14 days to wait (or less if they submit Q1 report before), it is not that bad.  GLTA.
Bullboard Posts