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.

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MGX Minerals Inc

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Post by Bluebirdson Jan 21, 2017 4:01am

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Post# 25736740

Re: Great article out today: (MGX magnesium & lithium)

Thanks for sharing EDP007! A must read for anyone invested or even thinking about investing in MGX.

5. Conclusion
MGX Minerals is a truly interesting stockpick by Hirschberg and his companions, with an excellent flagship project (Driftwood Creek magnesium) and a wildcard (Alberta lithium project). Driftwood Creek is a simple open pit operation, easy to permit, easily scalable, and the deposit is open in several directions, making it amendable for a wide range of capex arrangements. The current low capex base case scenario as indicated by management already could generate a post-tax NPV at the upcoming PEA which is 6 times the current market cap. Imagine what could happen if the lithium project becomes very economic through optimization, and plans for uplisting could eventually materialize, reaching out to a whole new audience. If Lazerson and his advisors would succeed, the sky really is the limit here. I like the odds, and so does Robert Hirschberg."

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