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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 Apr 05, 2016 9:12am
162 Views
Post# 24731259

RE:RE:Now the FUN starts

RE:RE:Now the FUN starts
TradingForMe wrote: FUN are you kidding.MBC is now HALTED.It will no doubt not resume trading again.Your shares are effectively worthless or if it trades ever again worth 3% of the value now.Other bids.Joke right? Who would bid more on a company with so much debt liabilities.You are efectively getting a great capital loss now and a lesson in Casino gambling.


Sadly I agree - They literally ran this thing into the ground and beat it day after day for a year. Shockingly not a single outright buyout. 
Bullboard Posts