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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 Nov 09, 2022 2:20pm
134 Views
Post# 35086053

YUP - TSX-V

YUP - TSX-V
TSX-V -  should have a stronger presence,
They're the perfect knowledge base inwhich to take part in thse new - SDG's.

I could see the TSX-V sift their roster - pull forward several exploration projects that are
well advanced - sitting for years... work along side of the SDG entities to fast track many of the projects. the wat B.C.  is now.. many of the mills have bene shut down, forcing the junior explorers to
sit, or look globally for buyers of their resources. Second issue is, selling concentrates take from investors by way of,  no pur emetal or finished product can be made from the metals.
Not the best scenerio for investors looking for maximum returns.
Longer projects sit, increases the odds of rolling to sustain the junior.
Which adversely affect the - investors.

TSX-V  sitting down with SDG entities in B.C. would be the best move anyone could make.

DRIFTWOOD -
Here we sit... with a measured resource - much of it above grade.
Lil impact on enviro, yet... where's our contract for the - magnesium that is in global short supply ?

Car manufacturers and other sectors are in need of the - magnesium.
Yet... day after day, week after week, year after year... projects are sitting idle.


Can't tell me - auto manufacturers are not buying their magnesium elsewhere to lighten the metal load on their vehicles for fuel efficiency.

Low valuations = No advacing = Leaves our wealth in resources = Sitting duck.

WHAT'S REALLY GOING ON ?
Are we taking a back seat here in, Canada ?
To foreign preferences ?
Australia seems to be the go to of late.
China also loves, Australia.

What about the resources in, North America ?
Manufacturing and Processing plants have been vanishing over the years...

I'm not seeing anything of the likes as others are recieving in contracts.
We're too fixated on the - hydrogen and europe.
Wink.


Ford signs $2b magnesium contract

The giant Ford Motor Company yesterday locked in the $2 billion-plus magnesium metal contract that will underwrite the development of Australian Magnesium’s Stanwell smelting project.

The contract, believed to be the world's largest magnesium deal, guarantees the project's development, as it is a take-or-pay deal that runs for 10 years.

https://www.drive.com.au/news/ford-signs-2b-magnesium-contract-20100823-13hzq/






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