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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 > WINNER -
View:
Post by Wangotango67 on Oct 24, 2022 7:13pm

WINNER -

1-  i'm vested in the stock. ( posts are acts of, pointing out importance of, each mineral )
2- i've provided several other ideals for the junior inwhich to use the metals.
3- it's complicated

#3
Political, Environemtal, Permitting. and a redirect of funding north of 60 by Feds which just so happens to be where many other " billionaire " or stakeholders have vested their monies.

B.C. has seen an influx of environmentalist  enter parlimentry positions.
Nowadays... what's most important are, pipeline from Alberta through B.C. or, Parks and Tourism
While the backbone of B.C. ( miningand forestry ) have taken a back seat.
if mining has been given lessor attention and other programs all the more, then... this points to
restructuring the economy.  Which is huge, and could also involve - placing mining start up elsewhere - mor eremote. Which if one researches where the funding is for mining, and as mentioned, it's well north and even as much, in other provinces in remote regions.

Where do i feel the junior needs to polish up ?
Formulating a business plan that encompasses - all facets + details - of the project wrapped around climate change and co2 emissions.
Gone are the days of Flintstone mining, i want to dig here, pull this out and.. sell this.

If you've read the last press release... then you're familiar with the current staus of, 
near impossible to tap into B.C. Hydro and use the electricity. 

WHAT TO DO ?
Besides the ideals i've offered...
More could be done.
Such as... looking for other " key minerals on each of the depoists - potential, zincs + cobalts.

WHAT ELSE ?
Point out with in - funding application reports - a ful lrun down of what the junior intends to do.

LIKE WHAT ?
How the depoist is mostly above grade.
Minimal impact on environment.
Even 15 m  - 20 m  down below grade would not alter too much given the depoist is on side
of mountain. Carving out the deposit smartly - would assists over all asethtics.

VISUAL OF DEPOIST
https://apis.mail.yahoo.com/ws/v3/mailboxes/@.id==VjN-5QiH52KGhJJafvgCjwmzVF72v8JvbmsrnIdTvAMeA9MSO1o-idfBnsll3s9AMp2LsVOAykft_OCWIB6Ledswcw/messages/@.id==ANyT651LLcmsY1RCggrhKI0nTYc/content/parts/@.id==2/thumbnail?appid=YMailNorrin



WHAT ELSE ?
Imporvising with the idea of making one's own power - using hydrogen fro mwater.
Not hard to do.. and averts the tangle with = B.C. Hydro.

New hydrogen-based electricity generator beats alternatives





LINK - 
https://mission-innovation.net/our-work/mission-innovation-breakthroughs/new-hydrogen-based-electricity-generator-beats-alternatives/


ANYTHING ELSE ?
Of course... 
The junior did choose the quickest path to obtain - metal melt - using furnace...
But... asking another engineering company to tel lyou this.. is nonsensicle.
Waste of monies.

There are numerous small induction furnaces out there for purchase...
That can handle 20 - 30 - 40 -  50 tonnes / day... or more...
Well under - $500k

WRAP IT UP ?
Put it all together in a package...
Outlining above grade depoists with photos...
Whose on the team, hired tech to operate the instrumental side.

What products are needed -
hydrogen generator, induction furnace - potential injection metal mold

TARGETED MARKET -
With a hopeful " forwrd contract " in place to justify the means.
Throw in co2 measures.. and climate change advantages  with a low enviro impact.

WRAP A BOW AROUND IT....
Then send it off to ..... STAKEHOLDER FUNDING PROGRAMS.
Natural Resources doesn't have that much funding...
I've seen better programs that offer far more.
Once application is sent, along with one's own presentation - kindly include...
magnesium is a critical metal.

This in my opinion.. .would go a long way.
And just maybe... attract stakeholder attention.
Times have changed... if one doesn't know what a partner or stakeholder is..
I suggest you find out.

MICRO PRODUCTION
Minimal mining... upto - 50k tonnes a year. ( 138 tonnes a day )
Grade of 43% = that's nearly 21,500 metal tonnes of Mg.
Minimal mining
Minimal energy
Minimal melt

HOW TO MAXIMIZE PROFITS ?
Place more focus on - end product - Mg metal injection in molds -
Target key contracts that require mg metal products.
There are numerous products that require magnesium - computers to aviation.
It's then.. .each pound of Mg is maximized on end product value which increases the
value of the Mg by multiples. No longer $3,400for Mg metal per tonne selling ignots, rather, the
end product produced for client - compounds profits exponentially.

Micro scale project...
Self sufficient with own energy.
Small mining
Tech emphaiss on finished products

Why so many posts ?
I have my monies tied up in 2 stocks.
I can't afford to lose my monies.
Waited years.. helped out many juniors...
Markets have not been that kind past few years.
Nothing but rolls, slow drilling, slow assaying, and on and on...
I'm sure others know what i'm saying.

Hence.. the extra posts hoping to assist the juniors - make their success my success.
Which is why i even mentioned going private... cancels many of the games.
I'm not into day trading, nor shorting... just looking for a buyout or, junior succeeding in mining or gaining forward contracts. But it appears... one has to have a magic act to pass by the enviro or permitting gate keepers in B.C.

Nothing is moving in the markets.. or very little.
Which makes one dig deeper to find out what's going on.
And well... let's just say, lot's is going on.
Entire country is upside down, being restructured.



Cheers.....
Comment by sapporostan on Oct 25, 2022 4:39pm
67-your frustration is showing. Management may be doing a lot behind the scenes and not getting good enough offers. so they wait as their funds are limited to advertising and paying salaries to officers doing nothing. looks and sounds simple enough. it is real easy to sell the property. all they have to do is contact 5 to 10 companies that rely on magnesium, meet with them, walk the property, and ...more  
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