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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Comment by reeJoeyon Dec 26, 2018 2:08pm

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Post# 29157843

RE:annual report

Almost $10 million for advertising!!! Are you kidding me. My speculation is either that wasn't how the money actually was used, which requires an external audit to prove, or the mgmt is totally incompetent. Or might there be some curious link betweem mgmt and where the "advertising" money was spent? I had been looking at getting back into the stock, but this indisputable proof that the management is profoundly incompetent means I am leaving this company behind and will place my speculative money elsewhere. I can't imagine anyone sticking with these shares at this point unless they just aren't able to stop a bad habit or wishful thinking is the basis for their investing. I'll just eat the lost money and chalk this one up to a bad bet.

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