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Itafos Inc V.IFOS

Alternate Symbol(s):  MBCF

Itafos Inc. is a phosphate and specialty fertilizer company. Its businesses and projects include Conda, Arraias, Farim, Santana and Araxa. Conda is a vertically integrated phosphate fertilizer business located in Idaho, United States with a production capacity of over 550 Kiloton (kt) per year of mono ammonium phosphate (MAP), merchant grade phosphoric acid (MGA) and ammonium polyphosphate (APP), and approximately 27kt per year of hydrofluorosilicic acid (HFSA). Arraias is a vertically integrated phosphate fertilizer business located in Tocantins, Brazil with a production capacity of approximately 500kt per year of single superphosphate (SSP) and SSP with micronutrients (SSP+). Farim is a phosphate mine project located in Farim, Guinea-Bissau. Santana is a vertically integrated high-grade phosphate mine and fertilizer plant project located in Para, Brazil. Araxa is a vertically integrated rare earth element and niobium mine and extraction plant project located in Minas Gerais, Brazil.


TSXV:IFOS - Post by User

Bullboard Posts
Comment by spammeon Sep 16, 2012 10:42am
165 Views
Post# 20372279

RE: Recent developments --the good and the bad

RE: Recent developments --the good and the bad

You know that almost every junior company do these stock deals at below market price to raise cash.

If this bother you then you should invest in medium to large caps and less in small caps.

Almost every junior I watch or have owned has done these bought deals.

Just not twice in 1 year. 

The more important point is the future development of MBAC's resources that will drive the stock price.

The bought deal is already priced in.

Bullboard Posts