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Bullboard - Stock Discussion Forum 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... see more

GREY:MGXMF - Post Discussion

MGX Minerals Inc > YOU SEE ALLEN...
View:
Post by Wangotango67 on Jul 26, 2022 8:13am

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.
Comment by cashworx31 on Jul 26, 2022 9:01am
This post has been removed in accordance with Community Policy
Comment by allenjames on Jul 26, 2022 12:36pm
cashworx31; take your spam and sit on it. GOOD LUCK TO ALL INVESTORS.
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