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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 dutchie2on Oct 29, 2009 6:53pm
232 Views
Post# 16437060

RE: RE: RE: What is potash worth?

RE: RE: RE: What is potash worth?Maybee at one time they were happy to sell for $100é tone, but right now it costs POT $220 a ton FOB Vancouver, so those days are long gone, and if potash goes too low, then the companies will cut production and strangle the farmers until they pay more.

CHIP OFF THE OLD BLOCK!!!!!!!!!

P.S.- we are not taking our reserve out of the ground for the next 30 months or so, long term potash prices are bullish. Check the population growth projections fot the planet earth
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Dealroom for high-potential pre-IPO opportunities