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 Metalhead99on Dec 28, 2018 1:52am

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Post# 29163108

RE:Is the garbage tax loss selling over now

I'm no oracle, but I don't see it happening for us. The last two New Year's when the stock surged, overall market conditions were much, much better. Secondly, we are not in the hype stage of the stock, the stage where people push the SP based on something big and new with huge potenial. We are now in the reality stage, just like many junior lithium stocks are in the reality stage. The market and any potenial new buyers do not care about future potenial that may or may not ever come to fruition. They want to see action and revenue, not hot air month after month after month. In this stage and market environment, nobody is getting excited that "drills are turning."

I have no clear prediction of when things will turn for us long holders, but I don't think it will be until the market is in a clear uptrend, for one thing.