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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
Comment by Potashproon Jul 30, 2008 11:23am
513 Views
Post# 15343193

RE: NEWS - MagMinerals Potash IPO update

RE: NEWS - MagMinerals Potash IPO updateThe world changed, and financing isn't the best option right now.  Realistically, they don't need the extra money at this time.  It just appeared that it was an ideal time to raise.  They'll revisit later this year or just sell out instead.
Bullboard Posts