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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 stocktaon May 09, 2009 10:26am
469 Views
Post# 15980605

RE: Opp. of a lifetime! be careful

RE: Opp. of a lifetime! be carefulin the long term this stock should do well if they can get their financing in order.  In the short term be careful though, entire market is very oversold and is set for a pullback, some are even suggesting TSX may pull back to 8500 range.  If that happens it will pull everything down with it including MAA.  Play the market smart and don't let emotion get the best of you.  A good play, yes, but you may get it 30% cheaper in a few weeks.
Bullboard Posts