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.

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MGX Minerals Inc

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Comment by wasagastaron Dec 19, 2016 9:46am

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Post# 25618625

RE:Wasaga -

This might be the last week to buy in the 40's - if the results of the test conducted now show the technology works, the stock price will respond accordingly. The market cap will have to reflect a company with over $20b in lithium with proven results of tech and a pilot plant ready to start by end of January - production in June. What would that market cap be? I would imagine we would go up at least 4 to 5x current mc. NMX has a pilot plant starting in the same time period with massive lithium reserves and their market cap is $375m. XMG? $22m?

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