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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 Sep 17, 2009 12:48am
389 Views
Post# 16313510

RE: RE: $2/share valuation - details?

RE: RE: $2/share valuation - details?Geez soberview, didn't get any shares or trying to pump another junior?

Maybe go and check one of my posts where I worked out around $4 Cdn for all combined NPV of all segments of the company combined.  Analyst was likely even using more conservative numbers than I was to come up with $2 per share as I assumed close to 1B shares O/S and PV of cash flows just on the potash segment of between $2B - $3B.

I am really tired of taking the energy to read your posts so I will put you on ignore now, see ya.
Bullboard Posts