Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Feb 09, 2017 9:15am
208 Views
Post# 25821603

RE:RE:Email to Company and Response

RE:RE:Email to Company and Response

Bucala wrote: I also emailed Gary. Basically we are stuck for a while yet by the sounds of this. Hopefully others jump on board to push for results faster... Please stay tuned! The company is in the midst of a raise, which is the final step in the transition to the new ownership getting the plant up and running. With new ownership, fresh capital, and a plant that can be recommissioned relatively easily (nothing is ever easy, but the recommission and getting to operations should take only a few months), we anticipate that the flow of news this year should be well-received by shareholders. The company has engaged us to help raise their visibility with the investment community, both in Canada and the US, which we expect can help the valuation as well. We understand that asking for patience can be trying for long-time shareholders that have suffered for years, but the company is now really "new" and a restart, so all we can promise is that we are working hard to deliver results as quickly as possible. Any other questions, please feel free to contact us. Regards, Gary Dvorchak, CFA The Blueshirt Group gary@blueshirtgroup.com Mobile: +1 (323) 240-5796 Skype: gdvorchak https://www.blueshirtgroup.com


Again these are just words - meaningless. Show results. Without concrete earnings nothing else matters.

They have already backed-out of orginally stated deadlines - the are delayed before they even started! First they were going to resume production in Q1 of 2017 then it turned into Q2 2017 then the language turned into 'should only take a few months'. Should but likely won't.

They've already pulled the 'new' presentation down to presumably update the dealyed restart timelines.

Not a great way to start 'fresh' when your following the same path of the old group.

Well I atleast hope these blueshirt guys get paid unlike TMX equicom at the end. MBAC totally screwed alot of people that have big networks and long memories. Blueshirt has thier work cut out for them.

Bullboard Posts