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.

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MagIndustries Corp

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Comment by pangloss81on Jul 27, 2010 9:41am

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Post# 17299346

RE: Jennings Capital

So far, the analysts do not see this yesterday's announcement so positively. Jennings' reaction makes some sense to me, and I am thinking that we might go up and then back down, as worries build again, and despite foreseeing volatility, Jennings has kept its target price. However, I would be curious to know what lies behind scotia's decision to actually cut its target by 20%. That is especially interesting since late Spring or so they were the ones issuing commentaries telling people to buy.

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