GREY:MGXMF - Post by User
Comment by
crunch55on Aug 24, 2018 12:24am
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Post# 28509956
RE:Timmmmmmmmmmmmmmmmmmber
RE:TimmmmmmmmmmmmmmmmmmberAnyone remember when MGX was at .10 .15 .20 .30 .40 .50 .60 .70 well you get picture...glass half full or in cheezies case half empty.The SP ran hard on the lithium hype but now is oversold and will bounce hard back as revenues and partner contracts are revealed.Investing is about ling projecting term when the fundamentals are good.Each one of their projects could be spun out to create shareholder value.Cheezy would have been great on t.weed board bagging it as it went down to low $30s only to rebound big to mid $50s when deals were announced.I took the advantage to average down and while I feel bad for some that cant those that play a stock like a lotto ticket should never get into the stock investment arena if thats how they look at it.Here its all about a startup becoming viable thru revenue generation and value added aquisitions its made.The technology is proven on a smaller scale so far and with Hatch and Dr.Mehta involved I have no doubt scaling will not be an issue.MGX has CAPEX and OPEX advantages over all current lithium extraction processes..just need to scale it.