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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 deeezyon Apr 20, 2011 11:32am
386 Views
Post# 18461125

RE: RE: Rich is away

RE: RE: Rich is away

I agree with you. There is something we do not know as to the valuation of the mining property.

Maybe expensive to mine, maybe investment to mine it enormous. This looks almost like a give away considering all the work Mag did, such as ensuring hydro for the plant, other infrastructure. This alone is worth $ 100 M.

Bullboard Posts
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