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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 eyeliv2rydeon Dec 04, 2010 10:57am
403 Views
Post# 17800729

Willing to wait

Willing to waitThe way I see it:
ROC wants their 10% off the top;
We want our fair share;
Chinese want it for nothing.

I would rather see management hang in there on our behalf rather than give this away to the Chinese because of pressure to get a deal, any deal done.

The stuff is in the ground - the infrastructure is mostly there...... someone will really want it at some point.

To management - don't worry about artificial deadlines - itching to get a deal done just plays into their hands. Take the time needed to get a good deal. If a potential deal leaves us poor, walk away from the table.
Bullboard Posts