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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 townie16on Apr 20, 2011 11:40am
436 Views
Post# 18461211

Weight off my shoulders

Weight off my shouldersAnyone have level 2 to post?  I've ben around awhile and averaged down several times for an average of .47.  I'm not jumpin up and down over this news but I do feel like a giant weight has been lifted off my shoulders now knowing that this is not going to zero.  At least I'll get back half of what I put in and have become a much smarter investor having went through this nonsence.  The lesson learnt here is to always invest in good management not just a good asset.  There is no doubt there was questionable decisions made by this management and it makes me sick.  I'm hoping to sell it all today and move what I got left in FIU.  Gold is at all time highs, they seem to have their ducks in a row, and the management seems like they got their $hit together.  Anyone this this is going to .24 today?
Bullboard Posts
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