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 reeJoeyon May 23, 2018 11:58am

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Post# 28069818

Pause that refreshes

That 45% increase in sp over the last two weeks was a clear invitation for traders to take profits and they are cashing in today. Stocks simply don't go straight up. These little pauses/corrections are healthy and a prerequiste to a continued rise in share price. I always have seen them as a period of digestion of stellar gains. As a long term investor, just part of the show for me.

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