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.

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MagIndustries Corp

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Post by pangloss81on Feb 11, 2011 11:34am

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Post# 18116615

pushing all time lows

I remember the days that MAA traded between roughly 16 and 20 cents, after being above three bucks. It was a good time to earn some money. But now, i dont know, but this is NOT deja vu. This time, there is no roadmap. And any upside we hoped to experience from changes in management has not occurred. i am concerned analysts are going to discontinue coverage. Frankly, this is really, really ugly. It depicts MAA as terribly desperate, having to issue all these shares to somebody who just rejected them.

Is anybody here buying today?

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