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MGX Minerals Inc MGXMF

MGX Minerals Inc. is a Canada-based diversified resource and technology company with interests in advanced materials, metals, and energy technologies. The Company’s portfolios include Magnesium, Silicon, Lithium, Gold, and Silver. Its Magnesium projects include Driftwood Creek, Marysville, Red Mountain Group and Botts Lake. Its Silicon projects include Gibraltar, Koot and Wonah. Its Lithium projects include GC and Petrolithium. Its Gold projects include Heino, Tillicum and Fran. The Driftwood Creek project is located approximately 164 kilometers (km) north of Cranbrook, British Columbia (B.C.). The Marysville magnesite project is located approximately 12 km (7.7 miles) south of Kimberly, BC. The Red Mountain-Topaz-Cleland magnesite property is located approximately 50 km south of Golden. The Botts Lake magnesite property consists of claims approximately 50 km south of Golden, BC. The Gibraltar project is located approximately 95 kilometers northeast of Cranbrook, BC.


GREY:MGXMF - Post by User

Bullboard Posts
Comment by nico314on Dec 01, 2016 8:17am
89 Views
Post# 25538887

RE:RE:NEW 52 WEEK HIGH!

RE:RE:NEW 52 WEEK HIGH!Thanks wilwal! You could be right that it could still run today. I might just buy in at ask and have some bid at lower price just in case it dips. GLTA!

wilwal wrote: This activity is almost certainly being driven from the London Mines and Money show promo work on lithium.  Whatever they are telling investors over there, it's working.

The show is over Thursday night Dec 1st, so it coud run a bit more yet tomorrow.  This is peanuts for those guys over there to throw in a few bucks for something that has the possibility of being a multi $ stock if the lithium technology works economically.

Regardless of the lithium hot air, we will soon know if this company is going to have a solid base of cash flow from magnesium at Driftwood.  With good economics on the magnesium, this company is still not overvalued no matter what happens on the lithium end.


Bullboard Posts