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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 kisstopherpon May 19, 2015 11:32am
157 Views
Post# 23740890

RE:When a company is WORTHLESS

RE:When a company is WORTHLESS
old_dog wrote: the volume dries up...share price sinks to the floor..........when a company is NOT  WORTHLESS the buyers come in....the volume goes up and this continues to occur until people have gluted themselves on the stock......for those that are wise they will move back once they get enough shares.....for those that are not wise...they'll sell to the wise folks and wonder why they sold once the stock has moved higher than they ever thought it would....



it's doing just fine today...the 3 day weekend made a big difference in my eyes....that cool down period....having said that lets not forget that other news should be right behind it....it won't be a long as a lot of people think.

old_dog


This is still speculative.

I do think a deal will be done - JV probable

Not what some people want in the short term.

Long-term with positive earnings growth this is the better outcome - Plus it will show the market the value of the reserves

When share price predictions are made it's done so on a earning basis not a net book value basis.

Bullboard Posts