RE:Is Belmont Resources the low cost producer of Li in the worlGood info Jim
I got into MGX a couple years ago when it was starting out and made some good cash when it went to over $2. Still hold a small postion yet as I like disruptive technologly and the potential. Managment there is A++. The technology has not been proven on a major scale yet but is now going to be. BEA is the prime penny stock which may have the most potential ground in Nevada. With MGX doing a JV means that they also see the huge potential of the ground. To me that was a buy signal. Did not get in as some at .02-.04 but am happy at .07-.08. Drilling will determine what happens. But I am in with the thinking that this is going to prove out to be a good to significant find. The big kicker is MGX and the technology to get this project in the high profile to test and prove their teck on BEA ground. For that reason I play in the casino. GLTA