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MagIndustries Corp T.MAA

Sector: Agriculture | Sub-Sector: Agricultural Inputs
Alternate Symbol(s):  MAAFF

MagIndustries Corp is engaged in development and exploration of potash salt deposits. The Company has two business units: MagMinerals and MagForestry.
Price: $0.13 | Change: $0.00 | %Change: 0.00%
Volume: 0 | Day High/Low: N/A/N/A | 52 Week High/Low: 0.255/0.13
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0 stars

For those who are uninformed...

Simon Liang seems to be in talks with a major Chinese private company, to sell his (Evergreens) core business, the Pacific Marine wharf to this private major company. A lot will depend, whether these...read more
5 stars

RE:Informed

Something needs to happen on the evergreen front to protect their sizable investment. They cant keep this stale, especially with the congo government waiting, a lot of sunk cost, and the Chinese...read more
0 stars

Informed

Any idea on what the future holds.  rate and reply
1 star

Potash Corp confirms confidential talks with K+S

Seems the leaked news from yesterday evening is true. Today is published a confirmation (not an official offer) about confidential talks between Potash Corp. and K+S. The fact that figures from the...read more
5 stars

Potash Corp wants to buy K+S for 7 Billion Euro !

News reports in Germany say, that an offer at 40 Euro per share of German potash producer K+S is in talks. This would value K+S with roughly 7 billion Euro. Add the 1.7 billion Euro net liabitlities...read more
0 stars

about James Fairbairn...

Seems "James Fairbairn, CPA, CA, ICD.D" is a 100 % Morrow man. They both are "directors" in the tiny company called "Crown Mining Corp." Symbol v.cwm This "Crown Mining Corp" has a remarkable low...read more
0 stars

90% rule

Just doing some research on Lucara diamonds and came across this reference: CANADA The BCBCA together with Canadian securities laws, contain the procedural requirements for takeover bids and going...read more
5 stars

RE:RE:RE:remaining shareholders

Tough to determine. Good news today is the appointment of a new CFO for MAA. That tells me that this isn't a complete sinking ship and that there is real value in the project itself. No one is...read more
0 stars

RE:RE:remaining shareholders

Ekim thanks for your thoughtful response. What scenario is most probable? And if they buy the remaining shareholders out, how does that work. And what do you think the final price per share will be?  rate and reply
0 stars

RE:remaining shareholders

I don't believe MAA is actually in a state of bankruptcy where your liabilities exceed your assets. Sure, they don't have any money in the bank..but I don't believe they have much liability either...read more
0 stars

remaining shareholders

it is no doubt that the stock will not be listed again. the question is what evergreen will do to buy out the remaining shares and go private. you cant expect evergreen to not pursue this and lose...read more
0 stars

RE:Kona

Only time will tell.  rate and reply
5 stars

Kona

Hate to say it but they know how the systems work over here i do not think this will be listed again. They are good at doing this it is not the first time. All they wanted was the potash at the...read more
0 stars

RE:Kona

I think the solution lies with Evergreen, they are the largest share holder, they put these people in positions to make decisions. Evergreen is going to have to jump to the pumps with a better quality...read more
5 stars

Kona

I do not think there is a solution maybe a miracle or we just lost our shirts on this one.  rate and reply
0 stars

RE:WOW

We have a problem, what is the solution.  rate and reply
5 stars

WOW

Hey Kona how do you feel now about my posts saving other people from investing in this company. How do you like the Burtons and Chinese now hope i saved some people from investing in this currupt...read more
0 stars

RE:Ernst & Young quits as auditor for MagIndustries, TSX may de

If some of the obvious wrongdoings happened not only in 2014 but also in 2013 and years before (in the Burton Trio times)... and Ernst & Young has sealed as auditor these balances... Ernst & Young...read more
0 stars

Ernst & Young quits as auditor for MagIndustries, TSX may de

Ernst & Young quits as auditor for MagIndustries, TSX may delist company's stock By: The Canadian Press Wednesday, Jun. 17, 2015 at 9:53 AM | Comments: 0 TORONTO - MagIndustries Corp. (TSX:MAA...read more
5 stars

RE:RE:How much worse can it get

The bigger question now is where does this ownership of this potash project reside? MAA still has full legal claim? I'm sure Evergreen may like to just have MAA go into receivership and then...read more