FOXY LADYNo lithium brines ?
Well, there is another company who does have lithium brines.
No, not the former brines another now owns - rather a new company
positioned aside of our former brines.
This new company appears to have Zimtu vested.
If i research this new company ( back to their original press )
it's pretty vague how they acquired the claims.
This new company only seeks - lithium.
Just like all the rest of the brine juniors.
One follows another... no inventivness.
What would be ideal ?
No, not jv-ing - it would mess the share structures.
Nor rolling the xmg stock to begin anew every shareholder
would cry foul.
What's better ?
If they can give a resource away, then...
Why not take a resource away.
If the new junior is only seeking lithium, then give xmg shareholders
other prized salts - metallics in the brine.
At present,
Govt's are well agead of the curve seeking out new minerals
that can subsitute - high end super Nb magnets.
Boron, Bromine + Magnesium could fit that scenerio.
There's a university / lab working on this alloy blend.
Seems to produce a super magnet.
What does this new lithium junior have that i feel
would suit a replacement of our former brines ?
B, Br, Mg
IF... this new junior is on the fox brine - formation
right aside of our former brines, then why not allow us to
tap into and contribute another useful product for this
electric future ? All electric motors require - magnets.
What are the historical stats on the fox that the new junior hasn't even
yet shown ?
https://live.staticflickr.com/65535/53094964627_312732b986_z.jpg
Other junior stats who does have our brines aside the new junior ?
https://live.staticflickr.com/65535/53095526061_816a3f13f2_z.jpg
Current prices of Boron ?
$10,000 - $30,000 usd tonne
https://www.made-in-china.com/products-search/hot-china-products/Boron_Price.html
Yeah... why not capture both junior's boron, borate, magnesium
resources, after all we xmg shareholders have sat, watched on,
while other juniors excelled.
Ready made resources.
The new brine junior is actually in the process of testing the brines.
What an opportuity to fix our mess.
There you go, Jared, Dave...thst's how you fix this sh/show.
Turkey owns 73 percent of world’s boron reserves
“We are the leaders both in terms of boron reserves and manufacturing capacity. The global manufacturing capacity is 5.7 million tons, with about 2.7 million tons belonging to us. We have the largest market share. We achieved the 60% threshold in the boron market for the first time in 2021," he stressed.
The company will produce boron that each ton costs about $40,000 dollars. Additionally, there is a high demand for boron powder, as well as products made from it. Boron is widely used in producing armors for soldiers and policemen and it is more cost-effective compared to other metals. For armoring a tank, 10 tons of steel is required, whereas 3 tons of boron carbide is sufficient for the same purpose, the general manager emphasized.
https://www.azernews.az/region/194421.html
Magnesium Diborite Super Magnets
https://stockhouse.com/companies/bullboard/mgxmf/mgx-minerals-inc?postid=35563258
MGX MINERALS - page 3
The Company entered into a strategic Alliance with Electra Gold Corp. and Zimtu Capital Corp. for the purposes of jointly developing industrial mineral properties.
https://sedar-filings-backup.thecse.com/00033313/1504010904286343.pdf