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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 > SPHEROCOBALTITE ( zinc + Cobalt )
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Post by Wangotango67 on Oct 22, 2022 12:31am

SPHEROCOBALTITE ( zinc + Cobalt )

Tillicum Mine - does state there is Sphlaerite ( zinc )
Issue is.. no miner had ever measure how much... they only chased the gold, silver, lead.

Zinc can present itslf as, green, or silver colored but it can also show as pink.

Something interesting i came across...
There's actually a mineral called, Spherocobaltite tht runs with zinc.
And... it's similar to the pink coloration in the Tillicum Mine video.
Deeper - richer, purple hue pink.

If one watches the video in former post - they'll see that the pinks are more vivid than the
screenshots i took.

Had an idea....
What if the junior went private and took the shareholders along too ?
Same share structure... but minus the trading games like shorting, day trading  etc...

Find our own " mega millionaire " to continue advancing - an idea... 
Not impressed how the markets have valuated the stocks...
We're worth more than the " b/s " valuations they're giving most stocks.
I watched the games played out for years.. .walking down spot gold / silver
stocks dropped in parellall - 
Gold and silver rise.. .the juniors barely moved.
Do this enough... the juniors were cleverly knocked down.
Not quite fair.

It's suppose to be a battery metals bull market ...
Look at the h/s going on for magnesiium.
We're drilled out, proved up... and one would never be able to distinguish our stock from a 
green junior whose only at the phase of cracking rocks...

If other haven't read my other posts...
I came up with a formula and called it - Formula 73 -
Stock goes private - an ( in situ ) value is given for the stock basing it on - 30% of spot value tied
to the resource size. 70% is not tallied - allowing the forward value to act as an enticement for future buyer / miner. Ifthe junior expends more shares, or accumilates more metals / minerals 
the stock is adjusted to correlate with a 30% mineral value -
The shareholder is always ensured a based value of the metal or mineral worth based on depoist size - If... the spot metal value fluctuates, then the stock value fluctuates. Private junior would allow sale or trading of it's stock, if one wanted to buy or sell. 

It's what's wrong with the markets at present...
No in situ value is paired with the junior whose drilled out a claim.
No metal value is givne to the junior or shareholders.
If it were... the stock would be far higher in price.
Which places the subject in the context of.... why are the stocks so bottomed out, and let's then ask... who would benifit with the battery metals ? Wink.

In my opinion... several juniors should be chatting it up...
Contimplating thier options...

Many juniors are with very nice deposits - battery metels / critical minerals -
I'd say... something is way off...  when i see battery metal juniors so depreciated.
If the world is to be run on these minerals, and the world needs trhem, and there's a shortage,
then... why the depressed valuations ?

If one researches this " new " model of, partners and stakeholders...
I can't help but tihnk... stocks have been crushed to allow for others to gain...
More parties involved  - with not enough pieces to the - pie.
And.. .if this new model worked so well.. why has our junior not been answered by
a few firms that are associated to the - funding ? 
Ahhh....!

Hence... from my persepctive...
juniors with the goods.. .are sitting ducks.
Which is why i asked this junior to go the extra mile and tesat for a few more minerals...
It would reinforce our " worth " and perhaps explain why... were valued so low.
Maybe it's the - PINKS.
Wink.

An opinion.
To each their own.



 
https://upload.wikimedia.org/wikipedia/commons/9/98/Sphaerocobaltite.jpg



WE GOT SOMETHING - PINK - GOING ON AT - TILLICUM.
https://apis.mail.yahoo.com/ws/v3/mailboxes/@.id==VjN-5QiH52KGhJJafvgCjwmzVF72v8JvbmsrnIdTvAMeA9MSO1o-idfBnsll3s9AMp2LsVOAykft_OCWIB6Ledswcw/messages/@.id==AG54NxYMzzFIY1NG6QrRiGeO_3g/content/parts/@.id==2/thumbnail?appid=YMailNorrin


CANADA...  has seen 3 billionaires - Gates, Bezos, Musk...
Scoop up considerable lands in Northern Canada.
What are they searching for ?
COBALT
1000 sq Km.

https://www.mining.com/bill-gates-backed-firm-searching-for-cobalt-in-canada/


And here we sit.... with PINK ores...
begging the junior to test them.
Makes sense...eh ? lol
One would think they'd be all over this.
Before a potential - revoking.
Which i fond odd.. .the junior can test other claims but... can't backtrack looking for other minerals.

Top it off... we have a Transport Minister... turned Mine Minister.
Thowing lots of $$$$ north of 60 - YellowKnife.
B.C. has been placed on the merry  go  round.
Parked in nuetral, idling.. .while Billionaires forge forward...

Let's now ask....
Who has a bvetter chance of succeeding ?
And there you have it...
Gatekeepers doing a perfect job.


Cheers....
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