MagIndustries Corp. (MAA.TO) Buy, Sell or Hold

MagIndustries Corp. (MAA.TO)

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

0.00

-0.00 (0.00%)

20 watching

COMMENT

Possible takeover by a Chinese company. If they are not taken over, how much further will they drop and can they possibly fulfill their mandate as to what they want to do?

SELL

There’s not going to be another offer, so tender your shares. He sold almost all of his position a while ago.

COMMENT

Takeover bid at $0.25 on the table. If there is going to be a counter offer, give it 2 or 3 weeks. Not trading above $0.25 indicates another offer is not coming so he would be tempted to take the offer.

RISKY

It is a small cap potash that needs financing for a deal they just did (TLC – sub-Sahara mining company). If the deal completes the stock probably goes to 60 or 70 cents, otherwise it is flatter longer. Thinks it’s a good deal. Will do nothing until deal is announced and then it will double in one day. For your fun money in a portfolio.

BUY

Large potash resource in the Republic of Congo. From a trading perspective, it would be an interesting pick up here. Expect they will announce another large financing partnership over the next few months.

BUY

Potash in the Republic of Congo. (Not DRC) Phenomenal prospect and huge resource. Recently raised $10 or $15 million to look for other sources of funding, and think they will be successful.

BUY

Small-cap potash with large deposit on west coast of Africa and signed contracts to Brazil. Need help financing to get into production. Have a deal with a Chinese bank but are stuck with Chinese government approvals. Delayed for 2 months so fast money has been leaving. Good risk/reward.

COMMENT

This company is on his stock watch list. There is a possibility of them being delisted.

COMMENT

Has rebounded off the bottom with a potash speculation of being a good takeover. In negotiations with the Chinese company Complant (?) to finance their plans for their Congo mine. Stock is $.70 if a deal is signed and $.25 if they don't. Speculative.

HOLD

Potash in western Africa. Asset value of well over $1 if they can get the deal with China National Company Plant Import (Complant) signed, which is extremely close. Surprised the stock has not been moving up.

BUY

Primary asset is a potash deposit in the Congo. This is their focus. Will be a low cost potash deposit. If you are patient, you will be rewarded.

COMMENT

Small-cap, very junior owner of a potash mine. Have a Memorandum of Understanding with a Chinese company and he is just waiting for the announcement.

COMMENT

Small potash company with proven reserves on the west coast of Africa. Needs financing to bring it into production. Has a “memorandum of understanding” with a July deadline with a Chinese company. If that goes through there is a net asset value of $1.75.

COMMENT

Junior potash story on the west coast of Africa. Recently signed a Memorandum of Understanding for the 2nd time with a Chinese company. He calculates a NAV of about $1.75. Relatively higher risk play but the risk/reward looks really good.

PARTIAL SELL

Is a potash in the Congo in Africa, good management, won't fly without financing (100 million). Were in negotiations with the Chinese for financing, they backed out, and are now in negotiations with another company in China but it's not going to happen until July. If you can't wait then get out now. They do own in portfolios, bought at 30 to 40 cents.

Showing 1 to 15 of 45 entries

MagIndustries Corp. (MAA.TO) Frequently Asked Questions

What is MagIndustries Corp. stock symbol?

MagIndustries Corp. is a OTC stock, trading under the symbol MAA.TO (previously MAA-T on Stockchase) on the (). It is usually referred to as or MAA.TO

Is MagIndustries Corp. a buy or a sell?

In the last year, there was no coverage of MagIndustries Corp. published on Stockchase.

Is MagIndustries Corp. a good investment or a top pick?

MagIndustries Corp. was recommended as a Top Pick by David Cockfield on 2010-02-26. Read the latest stock experts ratings for MagIndustries Corp..

Why is MagIndustries Corp. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.

Is MagIndustries Corp. worth watching?

0 stock analysts on Stockchase covered MagIndustries Corp. in the last year. It is a trending stock that is worth watching.

Most Recent Experts

Jim Cramer - Mad Money

CNBC

Brian Madden

First Avenue Investment Counsel

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Darren Sissons

Campbell Lee & Ross

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

MagIndustries Corp. (MAA.TO)