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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.


GREY:MGXMF - Post by User

Post by allenjameson Nov 20, 2020 5:43am
753 Views
Post# 31939026

Just how dumb are the Dissident Investors !!!

Just how dumb are the Dissident Investors !!!The big struggle for control of MGX M is between Zimtu and JL and supporters (many). There are also out sider interests with big bucks who are also interested.  The dissident investors are the small potatoes in this group and are not even considered worthy of negotiation or even consideration in the court action.

The split between Zimtu and JL is temporary and will come together as soon as their mutual objectives aline. Once they aline we will have a new and effective board. Will the board be the people we like maybe and maybe not.  That is business. You do not necessarily do business with people you like but with the people who are in the right position to get the deal done.  A good deal is a good deal for both parties. Even Donald Trump does not understand this and believes a good deal is where he wins big and the counter signing parties lose.  He is in a word a spoiled little rich boy who never learned how to play in the play ground.  Donald has never had his lights punched out and has a big ego, thinking he can do anything and not lose.

The dissident sharehoulders have lost and are not even aware that they never had a change in this game.  Inexperienced people trying to do the imposible. It has been lost but they may not give up and this will tie the company up in court for maybe years. In the end Zimtu and JL will come to a agreement and business will return to a forward path.

What will the stock price due. Does not matter as a trading hault will occur and in a period of time  the stock will be delisted if MGX M does not pay the fee to restart trading. In a word the company will go private with that result situation. Will the company go bankrupt if necesary to get rid of the dissident investros. Maybe !!!!!!!!!!!!!!

GOOD LUCK TO ALL INVESTORS. 
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