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

MagIndustries Corp

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Comment by zeekayon Apr 20, 2011 4:49pm

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Post# 18464295

MAA walked when TSC renegotiated

TSC tried to re-negotiate the terms of the deal before. Even if they renegotiated 100% of the company, instead of 55% for 160 million it would be closer to
.35 per share instead of the current bid of
.25.

Either the TSC "renegotiation" was a lie or we can expect a competing bid from TSC .....

I'm betting it was a lie....

Bullboard Posts

Corus reports Q1 profit drop in the face of falling revenue