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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 pangloss81on Sep 04, 2009 10:15pm
265 Views
Post# 16280957

RE: Rumour: Potash to bid for K+S ?

RE: Rumour: Potash to bid for K+S ?sailor, your find is also interesting in the face of rumours regarding potash being taken out.  Rumours are indeed only rumours, but if potash plays are possibly to be taken out at premiums in relation to current valuations, this is obviously good for us.  For investors looking beyond the next MAA sp spike, the macro context matters.  Especially given the lack of transparency from MAA, i think that the macro context is a worthwhile concern for us.  It doesnt matter that MAA isnt a current producer, changes in the potash market affect us.
Bullboard Posts