GREY:MGXMF - Post by User
Post by
Wangotango67on Aug 14, 2022 1:28pm
105 Views
Post# 34895158
ONE LAST - MORSEL
ONE LAST - MORSELThe one company in question who supposedly has a 35% stake in Western, just so happens to have a few medical stock investments.
I can't discount the idea,
that there could be a - sector comradory - going on.
Medical not only needs the Mg for thier - instruments but also... meds.
Magnesium is a huge business in the med industry.
EV and steel makers need it for - lighter meta lalloys.
Same goes for the aluminum can industry.
EV MARKETS will need an incredible amount of magnesium.
Light steel = longer distances on ev batteries = easier on the battery consumption.
And of course, military and aviation.
Yet another market sector that wants it's fair share of this metal.
Are we witnessing a sector scramble for - magnesium ?
With China shutting dow nthier Mg foundaries....
I can't discount the idea that China wasn't recieving it's usual - concentrates from all sorts of metals.
Could the decrease in concentrates sent ot China prevented China from sifting the added minerals in concentrates = limiting the Mg output in China ? Ahhh.....
What i don't like seeing is...
Good projects sit idle... and the games played via " funding " while shareholder sit and bite their nails hoping for the - financial savior... Things have to change... if juniors spent the monies drilling their porjects out - then... valuations should match the insitu metal values in the gorund.
At one time - juniors saw fair valuation.. nowadays... projects with billions proved up are under a dollar and under a dime. No protection for sharehlders nor junior - easy targets for those who have the funds ... too many games played. ( green stocks )
20 yrs ago...
a junior with a fully driled out - proved up project - was treated far better.
Green mineral markets are vicous.
Green energy + minerals will own and run the - future.
Hence the race to own all.
The exchanges should revamp thier - valuation - methodology.
Basing the stock value on the proved up - value of on an insitu metal resource value.
Value of in ground vs out ofground.
Such would prevent and deter - the under valuating of a stock with the goods.
And protect shareholders from all the games.
Own opinion.
Cheerrs...