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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

Comment by WarrantOfficeron Apr 17, 2021 8:48am
156 Views
Post# 33016729

RE:MGX M has filed new Documents with Sedar !!!!

RE:MGX M has filed new Documents with Sedar !!!! I have been a shareholder in this company for about 5 years. Made money and retained about 35K shares at a time management had several projects that could have been developed into revenue streams.  Joint ventures with other companies  turn to a sour division. That tells me somthing about management. From chasing lithium ponds in Chile, lithium extraction in the USA, recovering precious commodites and minerals from leftover bitumen deposits in the Alberta oil fields, stated advance zinc battery sales in Germany, the list is quite long. Management has wasted money and quite frankly lost the confidence of the investor community. The latest news release states exploration results of 75oz per ton silver at the Grizzly deposit, while SP at 6 cents. To me that states much. I vividly remember lithium brine results of 1400 ppm. Nothing come of it. Personally I expect nothing to come of this company, would love to be proven wrong. I will keep my shares at a loss and sell them when I need to off set my gains. This company requires more than good luck and hope. It needs new management. 
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