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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
Post by pangloss81on Apr 21, 2010 12:24pm
360 Views
Post# 17015320

decent volume

decent volumetoday,so far almost 1.2 million. I think the sub 44 level is behind us...if we hit 50 cents before they reprice the project, we could be pushing 60, but i am getting ahead of myself.   Funny thing about repricing the project, MAA on the site is saying that they are targetting a one billion dollar capex, for a savings of 300 million.  But didn't they have it pegged at 1.2 billion? did they boost it to 1.3 at some point? i forget.
Bullboard Posts