Itafos Inc V.IFOS

Alternate Symbol(s): MBCF

Chemicals Basic Materials

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

Itafos Inc

Bullboard Posts

Post by Candlestickson Apr 23, 2015 11:32am

248 Views

Post# 23657102

500k transaction Goldman to TD Yesterday...

I watch underlying bids and overlying offers to help give insight into confidence to the next
move up or down. Mbc was bid roughly 1M shares at .08 for several days suggesting that the SP
is expected to hit or be forced to that level. Then quickly the bid at .08 dropped to roughly 500k. Then Imm after there was a transaction Goldman to TD at .09. This tells me that it may not see .08 again. Now we have very low volume and bid stronger at .085 and .09. This plays into my theory of a move up coming very soon. When it moves it will be quick

GLTA
Candlesticks

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