YELLOW BRICK ROADThere's a few golden bricks missing.
Making it a rocky - path.
Now, let's walk it out - since inception.
Track down the missing golden bricks.
- 487,000 hectars of oilbrines down to 133,000 hectars
E3 appears to speak of same formations ( 1975293 Alberta Ltd )
Why is it another junior now has the " love + thunder " with same formations ?
- Purelucid 60% ownership - awefully silent on this front
Is Purelucid still cranking out extraction units - but for other junors ?
Where exactly did E3 and Standard get their extraction tech ?
- Driftwood ( what's happening with this project ? )
- Smackover Arkansas - MGX formed pterolithium Corp
Standard lithium now speaks of same lands of Magnolia
Similar extraction as Purelucid - how can this be ?
- Utah - what's going on with these formations ?
- Case Lake - if the junior running this project just stasked more
claims - what would it mean to the exisiting partnership claims with MGX ?
- South America - wrong move.
- Nevada - wrong move - should have also looked at the other minerals in the clays.
Such as, Magnesium, Maganese, Calcium, Aluminum, Sodium, Potassium etc...
- Silica ?
- Zinc 8 - ?
- Eureka ?
# 12 - thrown a gold bone.
don't look left or right...just take the bone.
Again... how is it E3 + Standard have similar lands as MGX ?
What does Petrolithium Corp have in possession of lands ?
Why would MGX part with 355,000 hectars /
Why is it MGX no longer speaks of, Arkansas ?
Could Petrolithium be...
=- E3 + Standard ?
= If not.. why is it they speak of the same kind of extraction + oilbrine petrolithium claims ?
Could the cream of the claims - been parted out - given to other companies ?
I don't have that answer...wish i did.
Is it right - others now speak of what mgx use to speak of, AB oilbrines + Arkansas ?
What if... Petrolithium did have ownership of, E3 Alberta oilbrines and Standard's Arkansas ?
HOW TO FIX ALL ?
Well... in a hypothetical situation....
Supposing Petrolithium was - E3 + Standard...
MGX - delivers same amount of shares out as current with mgx common shares
divide the 140/million into two spinouts with - 70/million in each
= shareholders now own two other stocks with 1/2 the value of current goldings in mgx
= mgx shares same amount
= Petro #1 = 1/2 of current mgx shares
= Petro #2 = 1/2 current mgx shares
if a person owned 100,000 shares in mgx
HYPOTHETICAL - they'd recieve 50,000 shares in Petro #1
another 50,000 shares in Petro #2
SPIN DRIFTWOOD
do another spinout - with the same - 1/2 shares 2:1
dridtwood would have - 70,000,000 million shares out
Then.. sell the dang thing ot another for a good profit.
Easier for a buyout if, less shares out ...
END SUM ? ( shareholder would then have )
- Full share count in - current mgx - tied to Tillicum gold.
- 1/2 shares in Petro #1
- 1/2 shares in Petro #2
- 1/2 shares in Driftwood
= Total of...4 holdings.
= Far easier to accommodate a buyout for each.
= Standard is already close to - $3/sh - would be easy to absorb 70/million shares @ $3/sh
= E3 would need to reach the $3/sh value - and do the same.
= Driftwood - same value.
= Shareholders 3 buyouts @ $3 each project.
Some might say...
No way... recieving half the shares is beingscrewed over.
And my reply... ?
It accommodates far easier buyouts...
Andwell... do the math... for each based on 1/2 shares vs whole shares and no spinouts
and compare the differences - my calculations compare very similar - if $3/sh = no spinouts.
In fact - i would say... shareholders would fair better - x 1/3 more.
Thing is... current world issues...
This mgx scenerio - has draggred far too long.
Each dat that passes - favors other larger players
Plug pulled on market - it would not be pretty.
But.. the crumbs are still there...
MGX - unloads 3 of the holdings and pays out shareholders.
Leaving the investor with one holding in - Tillicum gold.
Everyone happy.
Why did i offer these solutions ?
All because there should have been no reason for mgx letting go of,
355,000 hectars of oilbrines nor Arkansas whereas 2 other juniors are now well positioned.
2 other junioors are now in the limelight - while mgx shareholders are suffering.
That's not quite fair.. right ?
.
Thing is...
What's been collected of the original mgx stock ?
Larger player - crept in ?
Wish i knew this answer.
This post is NOT investment advice.
Strictly ideas on how to remedy and resolve.
Cheers....
P.S.
Focusing just on Driftwoods ( worth ) .. is fine...
But.. i see far more value that's been slipping out the doors.
I'd rather sift the past to see wherre all the oilbrine + stateside value went to,.
I'm not into.... being thrown a golden bone and told - just be happy.
I see the values of these salts... shareholders need to take the blinders off.
If i've errored in post...
Please do chime in - to correct.
Again.. my research is a work in, progress.
And well...
I don't see anyone else posting on how to fix things.