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

MGX Minerals Inc

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Comment by Iceman52on Dec 16, 2019 3:37pm

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Post# 30460510

RE:RE:RE:MGX Valuation - Best guesses

I think there is value to Pure Lucid. They have a water purification product plus the lithium extraction product which needs to be proven in the field.
There isn't much value toZinc8. Almost 50 million shares at 12 cents shows a MV of $5.6 million.
The $5 million debt at 12 % makes it almost $11 million in Valuation.
With the company still in research mode- No product for at least another year- makes this too expensive.

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