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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

Bullboard Posts
Comment by thebrownderekon Oct 01, 2016 2:27pm
60 Views
Post# 25298568

RE:that makes sense....

RE:that makes sense....
I agree it would be nice if they were more gentle, but as an environmental engineer living in cranbrook, I've seen the economic impact of low commodities and oil prices first hand. Exploration efforts are all but halted in many fields, so the auxiliary service companies need that cash to make ends meet. It's just another reason this is a great buy, because you can load up on those cheap shares. I think they were issued at .10 or something like that so these consultants and companies paid in shares are making profit still.
Bullboard Posts