Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 > HEINO + EASTRIDGE ( GOLD ZONES )
View:
Post by Wangotango67 on Apr 16, 2023 3:36pm

HEINO + EASTRIDGE ( GOLD ZONES )

What i'mseeing is... 
Heino ( red zones ) runright into Eastridge zones.

Using the ( 200m ) distance on map
and supposing red zones are - high grade - zones
Yeah... it would appear at first glance - there's sizable
tonnages.

EXAMPLE TONNAGE -
200 m x 50m x 50m x 3.8 ore weight
= 1,400,000 tonnes

I was only looking for - 180,000 tones in last post

Those red zonations.,. appear to be
500 m from Heino to Eastridge
500m upper part of Eastridge
and well over 500m extension off the  - Y  - branch.

Basing all on...
the assumption - red zones = high grade.

The art here is...
having all the intel and delving into it....
carving out - 180,000 tonnes of hte best zones.
what if... upper Heino had this... near surface ?
Far easier ot pull the ores.

What if... 5 grams turned into 10/g per tonne ?
Only seeking 180,000 tonnes -
Building out a small project into a rich grade payday...
Is where it's at...

With the wild card of higher gold grades.
With - further testing of - molybdenum -
What if... the moly ( wulfenite ) was hiding in the lead ores ?

HYPOTHETICAL -
After a year of mining the gold... if successful....
One might expand the mining into - gold + moly ?

Start   small... grow big.
Again... there's so much used mining equipt on the market.
Crushers, Ball Mills,...etc,,,,,
500 tonnes per day = 178 cubic

If one digs into those 10m thick meta volcanics
where the high grade zones are...
doesn't take long to stack the tonnage

Figure out your gold zones 
Figure out hrte power
that's 70% of hte hurdle.
Prove these two - perhaps another would throw the financing
to spark the project up. Without the big claws...
please and thank you. ( tease )

Maybe - it would need a 3-5 yr gold mine model...
.Inorder to draw in a finacier...  they'd want a piece of the pie.




https://www.accesswire.com/users/newswire/images/590019/MGXimg1.jpg
Comment by timeforawinner2 on Apr 17, 2023 4:46am
What's missing is the company management that is supposed take this forward that's I don't know how you can keep talking about a company that is not doing anything for this long these people are here to fill their own agenda not the stock holders 
Comment by Wangotango67 on Apr 17, 2023 6:14am
You're right. It's not right they leave shareholders in limbo. I post to show what was missed. Overlooked. Find new minerals. Prove what could've been done - should've been done. I have several thousands still invested. I'll not let the market take it this time in a fold or roll. Nope. Patrick's moved on. Niel's moved on. Andre's moved on... ( AMY ) Jared ??? ZC ...more  
Comment by bluehelmet2 on Apr 17, 2023 11:36am
Your right but is there any way to comunicate with the current management.. Do we have a physical addtress. what are the goals short term? Long term? My investment is also in danger here.