Resistence ? Driftwood Furnace Report
BC Hydro ( Driftwood can't link in )
Ebby BC Province
Gold Commissioner
Denied drill permit
Protect Shareholders ? Canadisn common shares delisted
Silica Claims deal went stateside
Nb claims went stateside
Other claims mia
NBRI Initial listing New York
50% of Fran ( upto ) dilution Canadian shareholders
NBRI billions of shares out ( never rolled ) profit for junior and personel
Fran ores ( future tense ) ship ores to California Bishop Mill
MGX Last Prez of MGX = Andris
Andris would have to approve the MGX JV of Fran in press ?
Financials July 20 2023
The Company continues to await final comments on its fiscal year 2021 audit from its auditor. Due to the length of time for audit completion, management, in conjunction with its securities counsel and accountant has begun to pursue an alternative strategy to return the Company to trade and allow the Company access to equity financing through any and all means including merger, acquisition, joint venture or otherwise. The Company retains significant assets including the above mentioned GC Lithium project, and the advanced phase Fran Gold and Driftwood Creek Magnesium projects.
https://ceo.ca/@thenewswire/mgx-minerals-announces-exploration-at-gc-lithium-lct
April 28, 2023
Sale of Silica Claims Sale of Nb Claims
( it's now well past 1 yr from this press release ) MGX has used the majority of funds from the recent property sales to pay down accounts payable including legal, auditors and accountants for the purpose of returning to trade and as well as property payments and various AP. The major outstanding audit item remains the final signoff on its PurLucid subsidiary which is believed to be near completion. https://ceo.ca/@thenewswire/mgx-minerals-announces-assays-up-to-104-lithium
PROTECT SHAREHOLDERS -------> October 11, 2022 Never the less MGX is prepared to litigate for the loss of its FMC and controls $10B in situ assets in BC. The GC has refused to advise the Premier of a potential $10B impending litigation. Therefore MGX has retained counsel consulted with the opposition party and will protect shareholder rights. https://ceo.ca/@thenewswire/mgx-minerals-announces-lithium-discovery-in-british
How do i read this story ? Resistence - affected share price and advancement
Junior sold calued assets - used funds to pay debt, legal +++++ accountant
The financials never pressed ( last item to complete ... pure lucid
Junior stated
they'd protect shareholder rights Why were Canadian common shares delisted ?
Who has sold assets - state side
Former prez with listed junior ( originating state side )
Fran deal 50% dilution for MGX
NBRI mega shares out
Could the resistence caused junior to look at the situation as.... blockaide ?
Retreat and sell assets to, US companies ?
What interesting word did the junior write in press ?
= Opposition.
Chain reaction ?
Were Canadian shareholders protected ?
Why did the junior confer with, Teck ?
Teck appears often in, reports.
Are Govt's interested in critical minerals to run countries ?
Why is... GSC
appointed over SE BC instead of, single resident geologist ?
Why only common Canadian shares delisted ?
Were Canadian shareholders protected ?
Or... dropped ?
Left in limbo... with the bursary prize od claim lands up for grabs by,
US companies and others who need the energy metals.
Bad chess game.
Yet...
shareholders have rights. I'd say Sinova got one helluva deal !
Any idea what silica metal is worth per tonne $ $3000 - $4000
Does...
Driftwood, Marysville, Botts, Red Mountain, etc...
Harbor other energy minerals ?
Fran harbors - gold but also harbors
monazite. Junior stated - they'd protect shareholders ( Oct 11 2022 )
Delisted Canadian shares happened well
AFTER this date.
Throw several angles of resistence in the mix
Others wanting critical minerals
Did market / exchange help shareholders ?
=
Canadian shareholder vantage