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 CapeBretonon Aug 07, 2010 4:17pm

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Post# 17330872

RE: took some off the table

I doubt you will see sub-40 again, let alone 35cents, the NR was so strongly worded for the end of august, and with other potential NRs I see strong support for a steady climb up, not back under 40 cents.

I do hope the deal at the end of August is very clear so a good assessment of the share value can be done. The market doesnt like uncertainty, and even if a deal is signed at the end of August, if it is full of "will decide later", then that could hurt the sp.

AUgust is interesting, is it Monday yet??

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