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 Oct 24, 2010 5:09pm

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Post# 17604870

RE: RE: RE: RE: RE: maa Vs AAA

well I think we are less likely because despite the delays, we are still very likley to be doing a deal with complant, thius it is less likley Mag will have to go another route and be acquired, on the other hand, just being noticed and mentionned as a take-over candidate, likley or less-likely is a plus, it reaffirms while Mag hasnt been able to finance yet, it does have a valuable, large resource with governement backing and construction ready to go..all positives.

I wonder if when this conference in mid Novemeber is held if an announcement is forthcoming, that would be my guess.

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