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Bullboard - Stock Discussion Forum 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... see more

GREY:MGXMF - Post Discussion

MGX Minerals Inc > IN CONCERT
View:
Post by Wangotango67 on Aug 01, 2023 3:19am

IN CONCERT

There's one thought that came to mind...
Shareholders could unite in concert ( all ) decide on a price
Each choosing the same ( ASK )price when stock converts to OTC.


What might this do ?
Would form a ( mote of value protection ) for shareholders.
Strength by numbers protecting the asset values.
Shares all priced same value.

Would need to know exact assets the company has.

Here's where shareholders need a sharp pencil and mind.
Stepping away from current junior depreciated prices / peers
and understanding the real value of minerals - not just assigning
the mineral a base purpose and price rather...

Understanding if the mineral has a generational value
that could be used over and over generating energy.
Such dictates real mineral value.

EX - Mg oxide heated in solar water - creating hydrogen - Mg turns hydroxide
Mg Hydroxide residue remelted to form metal oxide
= repeat creation of hydrogen energy
= mineral becomes multigenerational ( over and over.... )

If we were delisted yesterday.
It would be ideal if company provided shareholders what direction
we're going and what assets remain.



Comment by sapporostan on Aug 01, 2023 8:03am
Wango, major stockholders of MGX met yesterday and decided to take $36 a share as a fair price for our shares. we could not invite you as you would have insisted on delivering a 9 hour keynote opening remarks and most had to catch evening flights out. maybe next time
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