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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 Zoruson Aug 05, 2010 4:56pm
517 Views
Post# 17325854

MAA vs AAA

MAA vs AAAHi there,

I would like to know your opinion on that subject. Why do you invest in MAA instead in AAA ?

I'm very not here to bash because i did swing trading with MAA. I know that MAA is more advanced in the project and it is possible that MAA could worth 1$, but seriously, for me, AAA looks a better investment.

AAA: Good management team, only 115 millions share outstanding, financing in place, shallow potash, solution mining (solar), it will be the low cost potahs in the world, etc.

What i hate about MAA: The management team (inside sales just before saying that Synohydro has left...), too much shares outstanding, solution mining (natural gas will cost 40% more than solar). Why Sinohydro has left ? In the market, there is always more money than good projects.

Feel free to give me your opinion i really want to know it ! If you have the chance to choose between a Honda (MAA = 0,395$) or a ferrari (AAA = 0,39$) for the same price, which one will you choose ? Thats the way i see the situation.

Feel free to share your opinion! 

 
Bullboard Posts