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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 keeniinvestoron Jul 29, 2015 11:40am
235 Views
Post# 23971768

Clearly ......

Clearly ......
there is an iceberg @ .04. Perhaps a little spoon feeding to someone who wants in. Who knows. I'm hoping this time is similar to when it dropped to .005/.01 on a NR and then resurrected itself AND IN A BIG WAY. These guys may be dolts, as some here suggest, but they are very familiar on how the market reacts to their NRS & they have been very careful to put negative NRs out on Fridays after market when they don't want the stock to tank. So I ask myself, why on a Monday this time? Personally, I think they wanted it down and the only reason I can think of is so that whatever offers do come in look more appealing. .04-.15/.20 looks better than .11-.15/.20. Just MHO though.
Bullboard Posts