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MagIndustries Corp MAAFF

Agriculture Forest Products Agricultural Inputs Lumber & Wood Production
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 equipeon Nov 08, 2013 1:49pm
98 Views
Post# 21889436

RE:RE:RE:Share Buy Back

RE:RE:RE:Share Buy Back
The only reason to bring in institutional investors at this point in the MAA saga would be to raise capital. Frankly, if they can afford this project without giving up a piece to someone else, it would be pointless to go splitting the eventual profits on such a sure thing project.

Evergreen aren't going to spend money to raise the share price to sell a piece of the company. I'm more worried about further dilution on shares.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities