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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 pangloss81on Aug 05, 2010 5:46pm
368 Views
Post# 17325966

RE: MAA vs AAA

RE: MAA vs AAAZorus, i think you touched on this, but it is a mistake to look at this as an either/or situation. The AAA/MAA discussion is rather tiresome, bc it is posed as though we are talking about two sports teams, with each side supporting the home team. Do investors only buy into one gold company? I was invested in AAA at fifteen cents, cashed out at 25, and since then, i havent followed it.

I am not sure if you are aware that MAA is about to release another 43-101, which should/hopefully significantly enhance our asset.  MAA has also been frowned upon, depressing its share price, so even if you do not like the project, if you are willing to take a risk, their is a coiled upside. You will have to decide if the MAA upside this calendar year is impressive to warrant investment, but within that time frame, there are several catalysts. The risk is whether or not they will actually be triggered.

I see AAA and MAA as being different, in management styles and goals. Stan Bharti is very good at promotion, and i hope that you look hard at what he is promoting. i have invested in some of his other companies, and he gave the appearance of great transparency and a clear plan...but the plan doesn't always work out, despite all of the impressive graphs and reassuring multi-coloured timetables, which all give the air of inevitability. Nevertheless, they are far more communicative and transparent than the MAA lot.  So, just because he lays out the veneer of certainty with AAA does not mean that much. Believe me, everything he does is a "ferrari", according to his Forbes & Manhattan group.  Having said that, i have thought about checking out AAA again, as buying a basket of junior fertilizer companies is likely the best strategy.  i have been tempted to by some mbc too, but they are already back near two bucks and round numbers scare me.
Bullboard Posts