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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 dutchie2on Nov 01, 2010 7:29pm
522 Views
Post# 17642241

Facts

Factstoday traded on the tsx was 2.195 million shares traded.
today on Alpha 1.485 million shares traded.
So Alpha did about 32% of the business and tsx the bulk 68%

Since Aug 3/10 till now, there has been 85,321,087 traded on the tsx.
using the rough equation on top would be 58,018,399 traded on the Alpha trading.

Insiders and institutions hold 58,267,232 as of my last evaluation March/2010 on this topic.

There are 6-10 million held by the contrbutors to this board.

So in the last 3 months the price has changed into new hands and long term investors adding up 236,606,718 total shares.

Most of the stock is gone at a cheap price. Not much is left, and alot of it has already been churned. All of this i find to be very interesting and i beleive will be an exellerant to our coil being even more tightly wound.

CHIP OFF THE OLD BLOCK!!!!!!!!!!!!
Bullboard Posts