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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 > THOUGHTS
View:
Post by Wangotango67 on Jun 29, 2023 11:47am

THOUGHTS

Formation
The root word of form, forming describes the act of nature
naturally forming oil + gas deposits.

Once depleted, oil + gas companies start the process
all over again, drilling " new lands " hoping to find
another natural deposit.

Spent oil or gas wells, are abandond.
Reclamation costs are brought forth to clean up former
production sites.

High odds - oil and gas companies sold off these spent
energy deposits hoping to defer clean up costs.

Small pub co's bought these fractioned " spent lands ".
Which under the original mineral rights included
disolved and undisolved minerals.

Yes...minerals, bonded with water.

In 2020, AB Parliment quickly passed new Bills,
it only took 28 days to surf through the 5 Royal Ascents.
Resulting in, AER controlling the minerals in, brines.

AER, originally managed, coal, oil, gas deposits.
Does it not beg the question why AER and others were
so adamant to gain control over the salt brines ?
Quite obvious = it's about energy.

In one of the Royal Ascent meetings, one person
brought up, these brine lands should never have been
fractioned and sold to pub co's.
This doubly supports the importance surrounding brines.

One could stand on the merits of, steam separation processes
yet, there's more than one way to achieve energy.

1- rely on natural formation.
    move on to next, natural formation.

2- forced alchemy.
    using turbine river to produce electricity.
    salt in water is homoganous becomes one.
    salt is vitally important = acts as the electrolyte
    assisting the electrcity to split the gas molecules of water.
    Hydrolysis process.

    Two completely separate processes.
    One saught natural deposits.  Moved on after depletion.
    Sold lands of spent natural energies.
    AER places control back into hands of, larger entities.
    Involving critical energy for country.
    Keeping the control and access of lands with, larger entities.

    Small pub's come along and purchase the spent wells
    which are abundant with salt brines.
    New process could create energy.
    Completely different process than seeking natural formations.
    This involves tech which forces the alchemy.

Hence my stance,
Brines can " create new " energy " which models completely
different than those who seek ready made existing formatiions.
Hydrogen Gas, or... Nat Gas if CO2 is blended.

Who has stake in, Sturgeon lands ?
North West Redwater Partnership (NWR) is the operator of the Sturgeon Refinery. NWR is a 50/50 partnership between Canadian Natural Resources Limited (CNRL) and the Alberta Petroleum Marketing Commission (APMC).

Is the Gov't invested in, CNRL ?
And the other involves Province = APMC.

Any wonder why someone would want the brines back in
their control through AER?


They sold the lands.
Overlooked the future energy potential.
Perhaps realized ( post sale ) the value of,
what the brines can produce = new green energies.

Quickly pushed the Royal Ascent meetings to enable
AER control. ( during covid )


Should original owners not have dibs on,
hydrogen and nat gas energies that distinguishes itself
separate from natural formation ? Nature made versus, manmade ?

Original mineral rights included, all minerals.
Disolved or, not.

Just because a company only preached " lithium " such
should not dismiss other minerals nor potential energies.

EG - Junior explorer drills for minerals.
       Only assays for, silver knowing gold is present.
       Does one focus on just the silver or, does one
       expound on the resource factoring all it's potential ?
       Same principal applies to brines.
       It's not just about lithium, it's also about energy potential.

       Simple proof ?
       Allow one to extract salt brine.
       Perform electrolysis.
       Were they able to produce hydrogen ?
       If CO2 added, can they produce Nat Gas ?

Comment by timeforawinner2 on Jun 29, 2023 1:35pm
That still hasn't answered my question??? do you beleive you will make $$$ here?? with these two running whatever it is we need them to run nothing at the moment i am quite sure GLTA we sure as hell need it thats why I would like to see company pulled off the VSE
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