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MagIndustries Corp MAAFF

Agriculture Forest Products Agricultural Inputs Lumber & Wood Production
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

MagIndustries Corp
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Comment by stocktaon Sep 28, 2009 11:24pm
311 Views
Post# 16345860

RE: INSIDER SELLING? No just exercising options

RE: INSIDER SELLING? No just exercising optionsAs far as I can see it, the insider raised some cash to exercise 300,000 options at .24.  What is wrong with that?  Wouldn't you want to sell at .60 only to buy back the same amount of shares at .24?
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities