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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 Risktaker7on Jul 31, 2009 9:14am
342 Views
Post# 16181208

Good news anyhow

Good news anyhowIts good news that the deal isnt dead by any means and MAA is protecting themselves and getting more legal advice on the agreeements. Along with scheduled meetings in Beijing the deal is still in the works but I see a few hurdles yet to jump before its all done and signed. MAA is definetly still a BUY with the resource we have someone will get it to production sooner or later. I have a long term veiw on this and will average down and hold on.
Bullboard Posts