GREY:MGXMF - Post by User
Post by
Wangotango67on Aug 09, 2022 6:35pm
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Post# 34883214
MY POSTS...
MY POSTS...Are meant to show...
what is, what could be, what was missed, and perhaps... what should've been done.
Pretty simple Allen.
Magnesium has many purposes...
Does one sit and wait ?
Wait for better markets ?
Magnesium prices were high last year.. yet... silicon was the flavor.
Does one....
Run the route of a 100 mil furnace - dilute the hell out of the shares...?
Or... ask the engineers over the phone what the price of a furnace would cost before pissing away dollars and many months... 100 mil makes it an instant dilution - financier and junior - party for two - minus shareholders. The stock would never budge due to massive dilution.
Harte Gold first comes to mind.
Or... purpose the magnesium with a decent product - one that's needed - so shareholders can actually see a profit in their lifetime ? Wether fertilizer or other... Hell... sell the driftwood and profit a good $75 - $100 tonne - i'm sure shareholders would be quite happy.
Let's see if they can fix this...
Like i said...i write posts to show what the possibilities could be.,..
What the junior may have missed.
As you well know Allen,
i've come up with " several other ideas " the junior never thought of...
evidently, you didn't take notice.
I will assume you haven't a care or...
same as Stan who at one time had total faith in the junior. ( wink )
Cheers...