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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 sapporostanon Jul 08, 2017 10:16am
221 Views
Post# 26447022

RE:RE:Why no third party verification

RE:RE:Why no third party verification
just my read---i think what they are saying is that most junior miners etc test and drill for years,using up valuable time and dilution of shares. they are saying we are going ahead and will produce without third party verification that it is feasible to do this based on current information only.  as an example, should jared decide to move ahead on the magnesium deposit without the final PEA, it will be to our stockholder advantage since the faster we get to positive cash flow, the chance of additional stock sales can be eliminated (except for warrents being exercised)--in summary, the news is very good
Bullboard Posts