GREY:MAAFF - Post by User
Post by
Fragmanon Jun 06, 2009 9:27am
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Post# 16049216
290 million shares
290 million sharesPretty difficult to get shareholder appreciation when you have got a float of 290 million shares.
Maa is going to be a successful potash producer. There are very few of them in the world. BUT are the shareholders going to make money along the way. There are like companies in other fields. gpxm comes to mind. A great piece of land and a mine start up in Molybdenum but so many shares o/s that shareholders can't make any money.
I hesitate to invest here for that reason. More money will be made from the potash wannabes like ray or kcl et al.
Anyone else have thoughts on this?