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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 CapeBretonon Jun 30, 2010 10:49am
443 Views
Post# 17234233

follows market

follows market

I am not worried about Complant shares headed south, this is a large company that is just following the Chinese market, which has taken a hit this week, nothing specific about complant.  Look at comparable companies with similar billion dollar market caps, all fell 10%+, Complants decline in line and not indicative of Mag situation. 

Trying to stay positive, tomorrow is July!
Bullboard Posts