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 hdawgz1on Jul 16, 2020 5:56pm

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Post# 31278428

Ponzi scheme busted by the BCSC

Interesting. Just when you thought the BCSC has no teeth.

https://www.msn.com/en-ca/money/topstories/richmond-pair-fined-6-3m-for-running-a-ponzi-scheme/ar-BB16Pvpk?ocid=msedgntp

I wonder if they might also be looking into where $200+ million of investor capital that once made up MGX disappeared to. This little ponzi scheme is small potatoes compared to the weath that was squandered under Jared Lazerson/MGX.

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