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

MagIndustries Corp

Bullboard Posts

Comment by eyeliv2rydeon Nov 17, 2010 10:18am

306 Views

Post# 17717566

RE: RE: RE: Good on ya MagIndustries

Thanks for posting.

Interesting that the slide "Location Advantages" has no arrows going to China. As I said in a previous posting, I can't understand why the Chinese would be interested in East Africa, strictly from a geographical perspective. As an aside, the Chinese are noted for being the toughest bargainers out there. They are probably trying to squeeze MAA to the point where there is little left for us. Hopefully some other corporations will show an interest. Too bad Vale is looking in Canada - Congo would be so close for them and the Brazilian market. Attraction - Canada not a banana republic, however, taxes must be so much less in Congo = > profit.

Bullboard Posts

Paramount Resources signs $3.32 billion asset sale