MGX Minerals Inc MGXMF

GO PRIVATE ?

[Wangotango67]

Hypothetical -
Suppose the claims were placed under private co ?
Suppose existing shareholders were carried over.

We keep and build out
Tillicum
GC ( scooped Boulder claims if on the ball )
Driftwood ( orher mg claims )

Suppose there were a good 500 common investors ?
Something tells me there's far less, given the amount of posters.

Suppose each investor chops in $1000 each yr to carry claims.
Suppose our Geo did sweat eqty paid - per diem at discount ?
Suppose private co bought it's own portable drills ( 2-3 ) ?

500 shareholders x $1000
= $500,000 / yr ( carry capital, sm portion work capital )

Share structure is revamped / adjusted
156 million shares
40 million ( based on each investors current holdings )

Doesn't cost much to tap a few holes when mineralization
is at surface = GC.

Once a resource is established
EX - TREO ( Rb, Ce, Li, B )

Does one look to jv with another to complete the studies
or further build out of claims ?

If with another listed company = your right back in the system
system of control.

Let's place our minds in private mode tad deeper.
Yes... many listed companies were taken private
Yes... there are numerous private miners never been listed.
Yes.... many Geo's stake claims and sell for profit.

I would think...
If successful... building out a resource
One could team with a private lender, capital company, etc...
Or... sell to them the resources.

Not just unload the 3 or more claims...
Rather... keep buying, building out and selling for profit.

Let's ask....
Are there any other Geo's out there with 500 person interest ?
Chances are - No.

It would be like a private mineral investment co.

Original share structure remains same.
Any costs to advance are kept separate.
Completely different format from exchange.
Keeps original shares acting as a dividend.
Core investors.

Meetings are held with board members.
Who are not paid.
Rotation of board members.

New capital raises are set at a proper valutation based on,
actual mineral explored for and potential worth of claims.

In essence - 5 cent raises are a thing of the past.
Min - $ 0.25 cent raises
New shareholders are kept separately.

Model of business ?
Seek surface mineralized ore bodies - winkie workable
Core shareholders = Founders of Company
New Shares  = Public funding ( fund me )

Upon selling
Core holders profit most
New fund me shareholders recieve 10% on monies invested.

EXAMPLE
Suppose GC was drilled via winkie.
Suppose it contained $3 billion in TREO mineral values
Suppose another wanted to buy it
Suppose $200 million was offered

$200 million purchase
- new share capital raise @ 10% of purchase value
= $20 million

$180 million left over ( from purchase )
~ 40 million shares
= $4.50 / share profit  core share holders

We'd become an Investment company.
Securing ( strictly ) near surface ore bodies.

If 5% was additionally tacked on ( subtracted upon sale )
= working capital ( less fund me )
= more profit for core investors

An idea...

I would say, Andris needs some help.
Current model of hiring Lawyer while axing valued claims
is not the model shareholders should suffer.
Rather, switch things up - is of the order.

Let's ask...
Are most junior explorers advancing ?
Hell, no.
All bottomed out, can't get financed but why ?
We all know why.... if the project doesn't fit the model of
green energy = no funding.
It's a stakeholders hay day.
Taking all.

Green has been the biggest disruptus.

A few saw what was coming down the pike.
Delisted and went private.
Smart.

If one stays on the exchange the claims can easily be taken
by another - Carlin Style - your not in the club.

Going private eliminates majority of stock games.
Which i'm sure many are fed up with.


Cheers...