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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
Comment by zeekayon Apr 01, 2011 1:17pm
441 Views
Post# 18373941

RE: RE: Cost Savings

RE: RE: Cost Savings
Even as a relatively new investor in this company, I am not a fan of management and their hiding games.  Like most execs, they will take care of themselves first, making sure their job is secure by aligning BOD spots to themselves for protection, giving lots of stock options and other perks that come with the job.  These are knowns and are widespread throughout the markets.

With a blanket statement like " This management is costing shareholders a lot more than you realize", are you saying that thing are going to get worse than they are now? Even with the year end already on SEDAR?

Do you care to elaborate a bit more on that statement?

Your negativity towards MAA is understandable, however, I have yet to see anything positive in your posts regarding MAA.  I am curious as to what your outlook of the rest of 2011 is?

Bullboard Posts