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 on-targeton Apr 14, 2020 7:09pm

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Post# 30909529

RE:RE:Time for crystal clarity

Hdawgz1 - I want you to know that I read your post and that I'm NOT denying any points you bring up with zimtu.
I do have some questions to ask you about some points you made because I want to understand what you mean so I can more undestand what's being said here, if that's ok with you.

1) When you say "cross-promotion of related companies." Are you talking about 2 companies like MGX and Belmont Resources in the same PR? If so, didn't they work on the same project together? I've heard of Belmont Resources. Wasn't mgx going to drill a well in Belmont to get lithium out in a brine form? Please correct me if I'm wrong.

2) Also on the share buy-ins buy- offs. Correct me if I'm wrong, but don't junior stock companies use shares as currency for one reason because some companies may not have cash on hand? If my example doesn't compare to what youre talking of, please tell me.
When you say Buy-in. Do you mean one company (a) wants to buy out a company(b)?
Whereby company (b) becomes part of company(a)? If I'm wrong here tell me what's being bought.

When a private placement is done, shares are used so said company can get money to move a project forward. For an example.
If I'm not showing an example showing what you're saying, can you show me an example?

Thanks

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