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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 > ONE LEVEL UP
View:
Post by Wangotango67 on Aug 13, 2023 10:50pm

ONE LEVEL UP

One level up - above Zimtu.
Geoff Balderson apparently created Zimtu Capital in, 2008.
So says this writeup in, pressreader - link below.

Mr Balderson, is also tied to a, Capital Company.

Press Reader - Zimtu Creation
https://www.pressreader.com/canada/stockwatch-daily/20200221/282119228565736

Balderson Bio
https://www.marketscreener.com/business-leaders/Geoffrey-Balderson-076YM1-E/biography/

If one searches Balderson images, online
4 different individuals show ? ( Harmony )
https://www.google.com/search?client=firefox-b-e&sca_esv=556609333&q=Geoff+Balderson,+President+%26+CEO&tbm=isch&source=lnms&sa=X&ved=2ahUKEwiU1cPY6dqAAxVshYkEHe1BALUQ0pQJegQICxAB&biw=1355&bih=635&dpr=1#imgrc=zn0AZey1DNovdM

Balderson has ties to, Marvel Discovery
Zimtu has ties to Marvel Discovery
( whicheeda district ) ( same area as REN or GC claims )

How i read this ?
Capital Companies create new junior company's.
List them, perhaps fund them.

Very few.... quality claims out there.
Was there temptation to shuffle claims around - take from one junior and relist
under a newly created junior - reinvent - promote - hope for 2nd round success ?


Issue ?
We shareholders were placed on halt for nearly 1.5 yrs while
other juniors promoted our mineral claims as their own.
MGX shareholders originally invested in those claims.
New juniors who have our claims also have shareholders investors.
Compounded problem.



What's so odd ?
Seeing ( mgx ) rack up so much debt in short order.
Never seeing the financials nor recent lawyer open books
inwhich to justify the unloading of former claims or recent.

The Ringer ?
If truly sold based on debt, or let lapse, how is it Zimtu capital company
has connectives to the brines ?

What are the odds ?
Brines were placed into newly created juniors, by same capital company ?
= relist = reinvent = try for success again.
At the expense and loss of current mgx shareholders.

All those strikes against the junior. ( others wanting money )
Was it to sink the junior ?

Now ask... when did the other new juniors aquire our mgx claims ?
Why would our former prez consult for Lake Winn, Zimtu ties ?
Did our prized claims vanish while Patrick was at the helm, or ?
Why did an mgx 2014 MDA state ( mgx + zimtu ) would jointly
devlop industrial mineral properties ? ( plural )

What about the silica claims ?
Wilson Ventures is yet another capital company.

Does Wilson have any ties to the 2 capital companies above ?
What about REN claims same vicinity as Wicheeda ( Zimtu and Marvel )
Who has our REN claims ?

So many unanswered questions.
Absolutely no reachout to existing mgx shareholders.
It's like noone gives a shhhh.
All they care about are the new juniors with our claims.
Check out the 3 brine holders ( IXI, LBNK, VOLT )

3 new juniors - 3 separate properties.
Valuations - should be our valuation.

Silica claims - check out Homerun.
Why did we never see such high valuations for our silica claims ?

Imagine sitting in a stock for nearly ( 1.5 yrs ) ?
While other newly created juniors have our claims ?

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