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MGX Minerals Inc MGXMF

Metals & Mining Industrial Metals & Minerals Battery metals
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

MGX Minerals Inc
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Comment by Bluebirdson Dec 29, 2016 12:23pm
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Post# 25650360

RE:Magnesium Deposit Value Not Factored In MC

RE:Magnesium Deposit Value Not Factored In MCFor anyone who hasn't seen, here are a few lithium snippets taken from recent articles:
  • Largest lithium brine land holder in Canada: coverage area = 1million bpd+
  • Calculated resource of over 2 million tonnes of lithium carbonate, valued at over $20 billion in ground.
  • Pilot plant operational within weeks.
  • Full-scale commercial production by summer 2017.
  • By-product sales offer potential for negative cost lithium processing.
  • The potential from ONE plant would be revenues of nearly $170 million per year.
  • "We have [exploration phase] deals with HALF A DOZEN major oil companies in Alberta "

MGX partners with Oil MAJOR

https://www.jwnenergy.com/article/2016/12/mgx-minerals-acquires-canadas-leading-lithium-brine-position-targets-production-oilfield-wastewater-2017/

wasagastar wrote: Never mind that they will be the lowest cost (no cost) lithium producer in the world with world class partners.....The Magnesium deposit is very valuable ($billions in resource) and the NPV for this should be known soon but I have it pegged at well over $100m. The lithium they have in the ground is worth over $20b. Market cap now about $25m...This stock could go 5x and still be cheap...


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Dealroom for high-potential pre-IPO opportunities