YOU SEE ALLEN...It's like a good game of checkers.... The statement -
nothing has changed as per financials - i'm treating as an ace card.
On video and in press.
POINT BEING
1 - safeguards shareholders = still have the Mg ( junior statement nothing changed ) boxed in
2 - could reveal other stuff - hence - the delay ( wainting for another to move forward )
3 - jumping into solar silicon = leaves the Mg helpless ( favors another ) in hydrogen economy
4 - critical minerals + infastructure ( where do shareholders fit in ) time is not on our side
5 - especially if, Sept as you say, Allen - by that time all hell could break loose in Europe/ Russia
MY HUNCH
= serioius strategizing - behind the scenes ( if Mg hydride is ever chosen as a potential )
means to a NEW HYDROGEN economy for Caanda selling hydrogen to Europe.
throw in, delayed jet component to, Germany = facilitates a Canada = selling hydrogen / Europe
= they need to work the hydride as a = reuseable product
= shipped back to,Canada = reload with more hydrogen
= the MG woulkd then act as a reusable product in which acts as - LEASED PRODUCT
- Involves Canada's Gov't - they'd be benifiting ( NEW HYDROGEN ECONOMY )
- Involves shareholders attached to resources ( unknown )
- involves critical minerals + infasctrure bills ( that could work against shareholders )
- time is not on shareholders side if.... delays continue and bills activate... europe / russia.
= hence.... stalling favors others.
= but ... if Gov't has to come up with something quick - avert missing out on, selling hydrogen
= Mg Hydride could be the ideal solution - would/ could work wonderfully.
Last Component ?
Whose the top dog in Canada that makes, HYDROGEN ?
= ENBRIDGE.
Stock price: ENB (TSE) $56.49 +1.08 (+1.95%) And here we sit....
Junior ( MGX ) has the Mg...
Western is toying - stateside making thier Mg metla for, batteries.
Again.. statesdie.
WHY - also had plans for Mg metal for batteries.
But... i have to ask... has something changed of recent - no permitting - pea delay ?
BayMag...
is doing whay they always do... other Mg products - other than using Mg for energies/storage.
Which points to...
If they want to create a new hydrogen economy...
They would need to bring other Mg resources online.
If we are supposedly jumping into - silicon
= hmmm.... sniff sniff.
Best solution ?
Like so many other juniors - pairing with larger companies
Begin pairing a few Mg juniors with larger players
Enbridge is pioneering the path with Hydrogen.
Perfect go to.
That's... why i said...
Spin the Mag... see what it, attacts.
If nothing.
Then at least the share structure tied ot the Mg resources ( if spun ) remains stable with no
extra added shares - preserves valuation - looks after shareholders value. Should have been done long ago.
Cheers...
Not investment advise.
Just my own opinion.
DO your own DD.
I could be right, but then again... i could be dancing out in left field.