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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 May 04, 2023 1:48pm
77 Views
Post# 35430595

Mg FERTILIZER -

Mg FERTILIZER -    Earthrenew -
- was - dealing in liquid fertilizers
- is - switching to granulated
- has - supply chain issues ( overseas ? )
- more profit in granulated  - more profitable
- relies on - biologicals ( microbial digesters )

https://ceo.ca/@newswire/earthrenew-announces-business-update-and-2022-fourth

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  How could another compete with magnesium fertilizer ?
- having your own deposits surely helps - no supply chain issues
- sulphur pellet dissolves bonds with magnesium - Mg sulphate
- no need for biologial microbes ( major cost savings )
- plants readily consume + digest magnesium sulphate
- why add biologicals when they actually eat the sulpur - lol
- biological microbes actually would be eating what the plants need - lol

Based on last post reads, it's either others don't like the idea or,
shadowbanning the post.

Mg fertilizer idea is - fantastic, own opinion.
It's doable.
Low cost start up.
Done correctly, one could stock pile reserves in silos.
Carbon cycle - all about plants, enzymes, photosynthesis, magnesium
Plants, Animals, Humans require carbon, we eat it.
MgCO3, has already sequestered the carbon in a bond
Mining and buring it off = mgo - causes co2 off gas emmissions
Leaving the co3 intact to Mg - no conversion of gas
If co3 is contained, it's sequestered - bonded to Mg
If sulphur added to pellet and water added by farmer later
Causes the sulphur to convert to sulpur acid
Sulphur acid bonds to Mg creating = Magnesium sulphate
Magnesium sulphate = food for plant

This process ( mg sulpur pellet ) has just eliminates several
cost factors associated to - mining extraction and conversion equipment.

As for the image in prior post, only one i could find
to demonstrate the pellet layering - lol
But you get the idea.

If one were to compare costs to mine Mg
Extraction equipt
Furnace costs to ( melt )
Effort to squeeze into battery sector, or other, versus....
Simple fertilizer, hey..... far easier to produce a fertilizer.

Cost savings
Profit margins

Each of these applied to fertilizer would most likely,
ring in far cheaper to spark up, and more profitable.

Why more profitable ?
Mg metal mine model was never a high purity. metal, lol,
Chintzing the shareholder - wink.
A pea or feasability study for metal mrlt would surely
soak up much of the profits into, equipt, wafes, financiers,
whereas, shareholders would never really see a profit.
Once the business has a bit of brwathing room, 5 - years out
Financier usually offers more funfung to take the profits into
junior + financiers corner, racking up more debt or shares, to
further distance the shareholders from seeing gains.

Fertilizer = low start up.
Creates an end product
= maximum value / profits. from get go.



Cheers...

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