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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 Wangotango67on Apr 18, 2023 7:30pm
143 Views
Post# 35401926

GOLD vs LITHIUM

GOLD vs LITHIUM What is my own impression of the current markets ?
Too many juniors have shifted into - lithium.
Future tense ?
It will be a distaster in the next - 1,2 years.
Especially when there's a down cycle of lithium, and
and pull away to hydrogen.
Juniors who jumped into lithium - will be blindsided.
In my own opnion - it will crush the small juniors.
Create many issues with - junior market space,

----------------------------------------------------------------------------

What to do ?
It's either run to gold - or.... battery metals.
Battery metals allows a junior to sucj the soother. 
Pacified with - wef, or stake holder funding.
Fully controlled.
Great for some juniors, lifestyle job, just drill - and
know that the odds of pulling the lithium or making it
to a mining phase are - slim.

------------------------------------------------------------------------------

Majors are perfectly fine.
No permitting hurdles, and they're already rolling in the dough.

But.... juniors have to jump all the " new " permitting hoops.
Great way to - stave off small junior - competition from entering
mining space.

--------------------------------------------------------------------------------

Which is why i mentioned the idea of...
Junior finding another with - PERMITTED MILL.
It will be the - ace card - for any junior who has one.

---------------------------------------------------------------------------------

So... if one has not - permitted mill.
One should - team - with one who does.
That simple.
Saves many painful years trying to jump the hoops.

---------------------------------------------------------------------------------

HERE IS A ( STRIKE PATH  MAP )
Tillicum to Ximen.- yellow circles

Orange circles - hot spots for - placer gold deposits

----------------------------------------------------------------------------------
Where juniors fail ?
Securing multiple claims such as the orange circles  -
capturing and securing all the - placer gold lands...

They usually grab one or two... and another comes in,
and competition ensues.

----------------------------------------------------------------------------------

Grabbing al lthe hot spots such as the orange circles
would quadron off a sizable portion of this - center isle cordillera.
Such would capture investors attention - right out of the gates.

Having a permitted mill in hand...
would be the next positve whereas - investors - would havde two
eyes wide open... knowing - the juniors have many years of, potential
gold to mine.

------------------------------------------------------------------------------------

Did a few more quick searches on, Ximen...
tuns out... similar stuff is going on, what happened to mgx.
stain... could be the name of the game.
what do they have ?
permitted mill.
such could be a ( fear factor ) for a major ?
who knows...

what i do know is.... juniors are slowly drying up.
many will fall.
and .... seeing games or stains going on...
makes the mind wander and think all sorts of things.
Quite the sudden $$ bill they have.

-----------------------------------------------------------------------------------

So.... here's the home made map -
Ask the question... 
how would market and investors precieve two juniors
teaming and sacooping the best placer gold claims with in
a large scale quadron of, cordillera ?
where known high grade gold exists ?

personally i think it would go over quite well.

last point - i placed a green arc line with a yellow circle
pin pointing where Ximens one depoist lies.
inside the yellow circle is the depoist.
pretty straight forward - how the watershed layed the gold down.
on the one bank right side.

i figure... many of these placer depoists do have veins...
but... are aftermath veinlettes.

Where the placer gold with quartz and calcite and just add water
formulated - dyke style gold pay streakes - recrystalized afterwards.
Hence - free gold - with in skarns + sediments.

END SUM ?
Team and ensure success... with permitted mill.
If applicable.

Bow.. and get the free soother - do as other juniors...
Line up in the lithium space - ( boring )

https://live.staticflickr.com/65535/52828425954_9f0d08d308_c.jpg


Down load the pic - if anyone wants... it.
I may rip the homemade photos from online
in a week or so... just a heads up.


Other than that...
I'm waiting for - May 10 th.
lol.

if nothing around this date ...
guess i'll make the phone call.
Yup....been a helluva long wait.
Too long.


Cheers.....


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