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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 dutchie2on Oct 30, 2009 11:59am
258 Views
Post# 16439167

RE: RE: The deal will not go through

RE: RE: The deal will not go throughI disagree with moving on. There is more cooking here than we see. Sino-hydro is making an area play in the ROC, and DRC. As it happens, we are some of their final details. I will not be suprised when the deal is done on Nov.20/09 and a tone of people get caught with their pants down, and they are not in with their positions. This will have a bigger effect on selling price than an announcement right at the deadline. People will not see it coming. If Sino-hydro is going to continue on in the region, then they will always have Mag and his Excellentcy to deal with. This would be political suicide for them to pull out. when sino-hydro commends Mag for it's patience and understanding, it is only because mangmt really does understand SH complex decisions. And why is that? Because Mangmt of Mag have the real details of all events in the ROC, and RDC. His Excellentcy is on the Board of Directors of Mag, has a pile of shares, i'm sure he has dinner with Billy boy and some of the others. Info does get shared at these levels. If Mag Managmt didn't know how to play the game, then how did they get this far with a disfunctional political enviroment. They are hero's in this part of the world!! IMHO

CHIP OFF THE OLD BLOCK!!!!!!!!!
Bullboard Posts