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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 Jamessonon Apr 30, 2015 12:45pm
114 Views
Post# 23681075

RE:RE:RE:Two oversold stocks breaking out today

RE:RE:RE:Two oversold stocks breaking out today
LeMarcus wrote:

Iron exploration is dead stock (MMS) and the Corp only going to consume the cash in hands until they have to re-issue shares at 1cents in their case. Spot price is at ultimite low... it has been too low for new production investments by junior for quite a while. MMS is 110km away from nearest railroad, it' a burning fuel corp. Timmins ontario is full of Iron Ore, with railraod accross properties and it still sits in the ground. Just make sure to get out of pump before others do... which cannot be the case for everyone.

MBO is a pump, no buyout at good value there...  it getting pump to try to justify higher price in case a buyout could happen.

play roulette, better odds that MBO and MMS.

Play  MBC, better odds that Roulette




Totally agree, but I was keeping it for myself, I was afraid to hurt somebody playing those stocks.

 

Bullboard Posts