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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 30, 2014 2:39pm
183 Views
Post# 23078069

Nice volume of late

Nice volume of lateLooks like a lot of day trading involved here, I would say 40%, however, many are buying for the 500% gain or more we are anticipating. We need to break this trading range and it will happen. With the help of some positive news. Q3 is due in less than 2 weeks and this will, if positive as expected , be a game changer for the company. No need to see anything less than 30 cents here and I do expect it will happen very shortly. Glta
P.s. As for short term, buy as much as you can, this won't last as we will start pushing through 16 cents soon
Bullboard Posts