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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 CapeBretonon Dec 09, 2010 11:37am
377 Views
Post# 17823807

other partners

other partners


I feel Mag is walking away from Complant.  They are not closed to a deal, but they are actively talking with other partners now.  Question is, how long does it take from talking to an actual annoucement of a deal or at least MOU. and...  Would Mag be wise not to release anything until a full deal is signed given the failures of past "agreements"?  I am thinking the recent financing was to give Mag sometime, because it will need time to get another partner into serious talks.
Bullboard Posts