Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Jan 13, 2011 9:52pm
469 Views
Post# 17969886

shareprice

shareprice


I hope management is realizing timing and market moves are important for shareholder value.  To release the TSC NR the last week of possible tax loss selling in 2010 was just brutal to this stock, so a rebound is nice and expected, but also reassuring, because how high we bounce with financing depends on where the sp is that day.  Staying sub 30 will make it hard to get to 45 cents, if we can crawl up to 35-40 cents with interest then getting to 60-80 cents is much more in the realm of possability.  There has been nice volumes this week as well.  Hope momentum continues and we end the week at least close to the warrant prices.  If the market is starting to feel good about TSC, this speculative stock might just get some speculation built into the sp.  Currently it does not, the sp is below the real value of this company, and way below the speculative potential value.
Bullboard Posts