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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 gldfngron May 18, 2009 9:56am
445 Views
Post# 15999546

banks

banksMust lend and funds must participate in projects such as this now for the future. This, being an established company with revenue stream, and a huge deposit is an ideal candidate. Geographically I believe they are situated well, and we could see more stabilization in African regions. So, a project such as this should only serve to benefit local economies and have great benefit for agriculture in many regions, translating into a very lucrative venture for this company as a low cost producer. I think  they will have no problem with financing here,as projects such as this are a necessity for the future and the banks must infuse now to create capital. Just an opinion. DD still required!
Bullboard Posts