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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
Post by REALRETURNSon Oct 24, 2014 11:51am
276 Views
Post# 23058506

It looks like

It looks likeThere is a lot of tax loss season selling, was talking to IR who explained that bankruptcy is out of the question for now, they are ramping up production and not to expect a redone updates till November 15th results of Q3.  No need to sell now unless it's for tax loss purposes, company is doing well are denying I expect share price to start going up from here.
   FYI, institutions and banks hold many shares of MBAC, not sure how many, but 1 bank has over 18 million shares. Anyone has a breakdown?
Bullboard Posts