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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 Jul 08, 2023 2:33pm
159 Views
Post# 35532212

2023 MARKET FORCAST RUBIDIUM PRICES

2023 MARKET FORCAST RUBIDIUM PRICES 2023 - 2029 Rubidium market expected to grow by 4%

In 2019, the market price of 99.75 percent rubidium carbonate, the most extensively used rubidium compound, was around US$ 57 per gramme (around US$ 5,700 per kilogramme).

This is hundreds of times more expensive than the price of lithium or potassium carbonate.


Rubidium is used in quantum computing.


FULL REPORT
https://www.stellarmr.com/report/Rubidium-Market/1192

$5,700 per Kg = $5,700,000 - tonne usd

0.36% per tonne ( GC claims )
= 7.9 lbs per tonne

278 raw tonnes @ 0.36% = 1 tonne Rb ( hypothetical )
based on 2022 GC assays from rock chips

A small outcrop 70m x 20m x 20m x 2.6 ore weight @ 0.36%
would produce staggaring = value.

One would think the jr would be camped out on GC with
xrf and portable drills advancing GC like no tomorrow.
Ugh.



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