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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

Post by Wangotango67on Oct 24, 2020 12:10pm
81 Views
Post# 31776641

ALLEN

ALLEN I look at it this way....
If the oil and gas and mineral water were already in the ground - prior to extracting the oil and gas - then... this points to = water was alrerady tainted with oils -

Therefore... the cost to close wells and cap - should be  - re-evaluated. on the premise of, is it nessisary to brind the water to a state of purity when it was not so in the prior ?

Which points to - in order to treat this water to a point of cleaning the waters for consumption uses - should be looked at in terms of - more Gov't grants should be dished out to facilitate the costs to do so.

Secondly - when i run the numbers with just Magnesium - alone - it looks pretty good.
Which points to - MGX + Pure Lucid -  should flip the credits - why do this ?
Because whe none focuses on a weak ppm salt like lithium - it requires far more attention than Magnesium -

Magnesium - by  trhe sounds of the extraction - has a 100% recovery rate - the question becomes - is magnesium one of hte first minerals to recovder -- if so - then second pass extraction could be eliminated - which means - drop the lithium fascination - and aim for a credit that  doesn't require additrional runs through pure lucids treatment process. In theory the process is streamlines and might double the volume of cubic meters treated. 

Trying to pull out a 67 ppm lithium when magnesium is approx 40+x greater - is nonsenscile.
Especially when the first pass loses the lithium in the magnesium.  if the lithium is with in the magnesium in first pass - its technically out - keep the lithium in the magnesium and move on to more - brines and repeat process - running second passes is too much downtime - and loss of  cubic meters of brine that can be treated - more minerals.

if Magnesium is 40+x greater than lithium ppm - and as pointed out in post - the numbers based on ratrio and profits - magnesium credits far out weigh the efforts of trying to recover lithium.

Magnesium runs at - $5,000/tonne 
With the secondary advent of- another market to cater to - steel auto industry.

Another market - converting the magnesium to - pure magnesium metal which fetches...
$15,000/tonne  
-

The idea of - mining ions - i would say...
this idea was not - thought of - ..otherwise MGX  would have done so long ago.

The idea of using a - step up - converter -Zinc-8 - again... if it was thought of, they would have done it. ...But haven't.

I'll confide another extraction - idea...
Perhaps MGX shoud switch up to pipeline extraction.
Using the static charge  method.  Could even be ganged withpure lucids...
Whereas - mass voliumes of brine are passed through a charged pipeline
and instead of -  trying to filter out minerals with the cost of excess filters - one looks to do the verey opposite - aim for clogging the pipe - via - static attraction or low electrical charge that cakes the minerals to the pipe.  Like a pig in pipelines - one stops the procees and sends a pig through the pipes to descale - mass minerals are then in a concentrate.

One could also -
design a pipeline with a half lid - to manually descale the caked on minerals .


The other idea i mentioned last eve....
Which i said i'll save...lol

Involves geothermal energy.
I couldn't help but notice the high tempretures of - 113 degrees celcius
this sort of tempreture is perfect for geothermal energy.

If one points thier compass to - ORMAT TECHNOLOGIES
They recently created a successful geothermal plant - that accommodates subgrade tempretures - step up - that augments the heated brines to create more steam - to turn the turbine.

Lastly... one can focus on the pains of extrtacting low ppm lithium...
Running severa lpasses - or... run the lucid treratment with one pass and tweak it just for Magnesium... if the volmues of cubic meters can increase - i would have a hard time beleiving the number swouldn't favor the economics. - Perhaps the problem lies with- overly treating the brines to clean the brines to a xx value of water purification. Its then, one has ot ask... is this procerss of treating the water an impedment to profiting with minerals ?
If the water has ot meet xx value of purity before sending downhole - then...one has ot revert back to - what were the waters like prior to mining the oil ? ( lol )
OIL + WATER - were already almagamated together - right ?

If true - then what's the purpose of treating the water to - xx value - ?
Which points to - once the water is treated and sent back downhole - whats it sent back into |?
More dirty oil water ? 

if this statement had any validity - it would mean a purelucid water treatment system would have to - mind - a oil brine body far longer than practical - and eventually, ther profits of mineral extraction would deplete due ot 2nd, 3rd, 4th, total brine body treatments.

The cleaning of the brines could be the - snag.
Perhaps a revisitation of - ONLY ONE PASS - economics should be reassessed.
If by chance - Magnesium comes out on first pass - i'd suggest - dropping the fixation of lithium.


Or... place miningions under the scope.
If oil studies reveal the electrical tension of brines - and more importantly - hieghtend values of electrical values at key junctures - such as - basement rock or, the - point zero line -  where water meets oil - such would be ideal to place - metallic apparatuses that sponge the electrical charges. mine the volts.

When speaking of the higher electrical vlaues at basement bedrock -
it would be understandalbe as to wgy this might be so -
Perehaps an elevated silt lense is apparent - loaded with salts - touching the basement bedrock - which is in touch with earths - magnetic field.

If ever tested - and found conclusive.
Then... layering the bedrock throughout the aquifer basin would be ideal to exploit this electrica lcharge.


Cheers....

p.s.
if it were me....?
I'd pull out of the states - hard to do business - and if energies are of great importance -  the states are going ot want it for themselves.... pointless for a canadian junior to assist the states - when... the junior could be assisting canada with its own energy resources.

Mine the electrical ions.
No cleaning brines.
No extraction
No purification of minerals.
L;eave the salts in the gorund
Simply connect to the - salt brines - sponge the electrical values.
More the contact - longer pipes or plates or ballon - more the sponge absorbtion.

IF THIS IS NOT ENOUGH INSPIRATION -  THEN,.. ?
https://www.youtube.com/watch?v=H-KCjrLcDJY

These oil brine lands have more - saline ppm - than many Nevada basins.
Which is all the more reason to - at least test the electrical charge of the oil brones
To see if it is feasable...

Perhaps.. .Zinc 8 could come into tthe picture.
Setting up - portable units - refer style transport containers -
easy to drop ship/pick up - capture the power - drive to location to unload on grid.

Crunch the numbers - of amount of Kwh energy in storage 
versus profit of Kwh sold
versus cost ot pick up and transport to unload on grid.
if the distances are not too great- maybe the numbers would work.


Cheers....

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