New website: https://mgxminerals.com/ca/

It is annoying to have to research news through other means then the companies website...but here it is anyway and for what it's worth:

https://finance.yahoo.com/news/mgx-minerals-announces-completion-1-140500278.html

Yeah, I would say you are right, based on the number of lawsuits:

1&2 CHARLTON & COMPANY v MGX MINERALS INC; 2 cases
3 BRUNER, Marc v MGX MINERALS INC.
4 JWN ENERGY LIMITED PARTNERSHIP v MGX MINERALS INC.
5 BLUE SUN PRODUCTIONS INC. v MGX MINERALS INC.
6 KELLER, Randy v MGX MINERALS INC.
7 LIONS GATE RISK MANAGEMENT GROUP LTD. v MGX MINERALS INC.
8 A.I.S. RESOURCES LIMITED v MGX MINERALS INC.
9 PATRICK, Lyndon v MGX MINERALS INC.
10 KURO GEOSCIENCE SPA v MGX MINERALS INC.
11 FRANK, Michael v MGX MINERALS INC.
12 RIO MINERALS, LTD. v MGX MINERALS INC.
13 Dawson Geophysics Inc. v MGX MINERALS INC.
14 MARKET ONE MEDIA GROUP INC. v MGX RENEWABLES INC. when Lazerson was CEO of MGXR
15 KASBA LAKE LODGE LTD. v MARGARET LAKE DIAMONDS INC.

Maybe some good things to come:

https://zinc8energy.com/investors/press-releases/2020/49-zinc8-energy-solutions-inc-announces-settlement-of-debt-and-resignation-of-director

The one very positive note not mentioned in the correspondence, which haunted me up to this point, was whether or not there was a problem with the mineral extraction technology that Purlucid developed and MXG sold. Since there was no hint in any part of recent correspondence, my comfort level on this investment is a little bit higher. We just need new blood in control....Once that happens, I would have no problem adding to this investment.

WOW!!! Way over due!!!! I only hope the change in management evolves quickly. In summary, as of today, MGXMF does not have any rights to the PurLucid technology, hence, no product....and therefore, no business....

Looking at who is buy shares, it's not always clear if they have information us uninformed have or don't have. Or, what might be their intended strategy. However, Yesterday, BMO Nesbitt Burns Inc. bought almost a 100k shares. Again, uncertain if they bought on information or as a possible tax write off (loss) or some other strategy.. Maybe its a sign of good things to come...time will tell.

I can't find to quote from Jared right now, but I seem to recall that sometime in 2016 or 2017 that he made the statement that he was not going to play the wall street game with this company...If that's true, it would certain shed light on the current situation. I just don't know what exactly that means, but it could be why there is so much turmoil presently. I think that maybe he sees wall street as an enemy..just a guess...

Aside from that, I had previously mentioned MGX's business model. The model is very cash intensive for each installation. It requires MGX to front all of or the majority of the cost of the installations. This causes a bad lag in reaching profit as you have to cover your cost first before profit is realized. This makes it very difficult from a cash flow situation to meet the next installation as cash is now in short supply.

There are much better models to make this work. Jared maybe too stubborn to change.

Nobody that I know of right now has any concrete answers to the situation noted. All anyone can do is try to put the puzzle together by looking at the types of law suits (both internal and external) and the lack luster business model. What I surmised was that Jared has an agenda that is inflexible and, as shown after all these years in business, not profitable. The inflexibility is drawing lawsuits, from what I can tell.

The company definitely has potential, assuming that the product(s) are working without significant issues. So, there should be no reason under proper management and a good market model that the company couldn't be profitable right now.

It's frustrating everyone from investors to management below Jared. Either the top level management must change or simply sell the company... I would prefer selling the company that would replace the present management and turn it into something profitable.

Price moving, but no monetary volume..correlation not substantial enough to declare an serious direction.

Partnerships, once touted by MGX, today seem very elusive. There is no mention of MGX in any of the websites of those touted partnerships.

In particular, these two should have made some significant strides and announcements: Power Metals Corp https://www.powermetalscorp.com/ and http://highburybiofuels.com

But even with those alliances, these are very weak companies to partner with. I really can't see much happening with these alliances should they actually exist anymore.

Well, for what it's worth, at least MGXR is moving in the right direction. MGXMF needs a new leader or a buyout.

I kept using the wrong web address: http://mgxminerals.com/home/

How very odd that they have the Canadian website address active and up to date, but not elsewhere....

http://mgxminerals.com/ca/

I'm using simple logic. If the product is as good as advertised, then why hasn't the market exploded for that product? Is it because of management or the product? Take Tesla as an example. MGX market model might be the single source for keeping the company from going anywhere, but, if so, then that again is managements fault. Somebody needs the change market direction or the business model...

When you compare a dynamic company like Tesla against a company like MGX, well what can I say...Leadership makes all the difference. Many times success is enhanced by surrounding yourself with good people. However, if you don't listen to them, what's the point.

FINALLY...THE WEBSITE IS UP AND RUNNING....

One thing is for certain, Jared doesn't play well with others...Not good for the company stock when you have seasoned people on the board and the president doesn't listen to them...This seems to be a not-so-good pattern.

My last post is actually impressive news when you consider that 60 other companies competed for this business!!

More than 60 business applicants entered the Challenge, designed to accelerate the commercialization of new technologies for the electricity grid to ensure an affordable and reliable renewable energy supply to New York State. NYPA selected Zinc8 Energy Solutions’ Zinc-Air Energy Storage technology to demonstrate energy storage and demand management that can help build longer duration flexibility (8 hours plus) into the grid and optimize the role storage resources play.

This is a bit of good news: https://zinc8energy.com/investors/press-releases/2020/45-zinc8-energy-solutions-announces-cooperation-agreement-with-the-new-york-power-authority-nypa-to-deploy-zinc-air-battery-system-in-new-york-state

Keep an eye on the dollars traded, not the stock price, at least not until this stock stabilizes as some price level.

I am surprised that the stock price is holding well above $0.05 for a Monday. Maybe this will be the year for a reasonable turn-around. From the financials, I noticed options around the 0.21 price. Not certain that makes any impact, but if I were holding those, I would look to sell them above 0.30 all the way to 0.50. What does that imply? Well, we should not see significant selling until price goes above 0.30 cents. This, of course is hypothetical. But, that's how I would expect the first level of strong resistance to show up. Again, just hypothetically speaking...

Friday is not usually a good day to judge the health and direction of a stock. So, until we see some financials, I don't expect the jump in this stock to hold.

There still might be life left in this very strange stock...but time will tell. Waiting on financials which should be available tomorrow (according to the hold agreement). Also, a new website?? The end of Feb is my drop dead date or maybe the stock will drop dead before then...

Although all looks lost...studying the arrangement with South Korean, although long term, it seems to indicate a mild change in direction as to how money might be coming into MGX. I can only surmise that MGX equipment will be sold directly to DST company with a follow up of back end support for marketing, etc. Yeah, long term, but possibly in the right direction. I suspect they are suffering a time/money race condition at time. Hopefully, neither one will run empty before money starts to flow.

https://www.mgxminerals.com/investors/news/2019/481-mgx-minerals-forms-strategic-alliance-with-dst-co-ltd-to-develop-vertically-integrated-vanadium-redox-mining-and-manufacturing-partnership.html

Let's pull our money together and buy the company out!!! It's cheap and getting cheaper...

They should have been cash flow positive as of this month....

So far, everything I've read is not looking good. They totally missed reporting their financials.."management delayed Audited yearly financials!" They also have several lawsuits dragging down their progress....

I can't muster up a rosy view for the present situation. Too many unknowns and too much silence. At a distance, it might be that they are in a take over talk, but that again, might be wishful thinking. At this time.....Eureka Resources is better off financially then MGXMF. So, time will tell.

The only thing that might turn positive is that management releases financials before Jan...but that again is wishful thinking...

I just can't see this company going down in flames...

This fourth quarter is expected to be the start of a stock price upward movement. I am expecting, as a minimum, a report indicating the success or failure of the joint venture in PA. Better yet would be a clear financial report for all of MGXMF projects.

"The JV is now working to commission the system, which is expected to begin commercial extraction in the fourth quarter."

Painful waiting game. This should be the quarter for some good news...not sure what's happening...

This stock may not explode, but it will definitely grow. If anyone is looking long term on a good stock at a low price, now is the time to get in.

Ahhh...the little engine that could...

Both stocks have a huge upside as pressure from governments like Canada are pressuring oil companies to stop polluting ground and surface water. Add to the fact that oil companies now have a financial incentive and a means to reduce the cost of disposing waste water.

Financial pressure from the energy markets are also pushing for more clean energy solutions.

https://www.mgxminerals.com/new-energy-economy/item/101-mgx-renewables-begins-next-gen-cathode-production-for-zinc-air-battery.html

This is a great company and it's only going to get much greater over the next few years!!!

MGXR....hummmm, I guess I should have bough more...bummer...Always a day late and a dollar short!!! Story of my life!!

Mining for minerals or panning for Gold or taking minerals out of water, it's all the same, mining.

A lot of upbeat monetary information from today's interview with Jarad. There is a lot of physical movement taking place on the ground which should translate to real value in the stock price in the next few months.

https://t.co/zgtZWIl1zx
https://t.co/rUODPynwVl
https://t.co/J2TA2ReSaw

Last word: Securities agent indicated that they are still working on the breakdown of the certificates. They should be close to completion as they missed the deadline of August 22.

MGXR STOCK PRICE:

https://www.google.com/search?rlz=1C1GCEU_enUS821US821&tbm=fin&q=CNSX:+MGXR&stick=H4sIAAAAAAAAAONgecRowS3w8sc9YSn9SWtOXmPU5OIKzsgvd80rySypFJLmYoOyBKX4uXj10_UNDTOqkouSyswNeBaxcjn7BUdYKfi6RwQBAHOz9KFKAAAA&biw=1171&bih=625#scso=_jd1fXdzhCIHosAXXp6eABQ6:0

Sorry for the confusion....The information I got is that the symbol "MGXR" has not been assigned yet for U.S. securities...So we are waiting for "MGXR" to show up on our screens...Don't know when.


"The MGXR Shares will trade under stock symbol “MGXR” and the Company’s CUSIP number and ISIN are 59325P108 and CA59325P1080, respectively."

Shows on mine. Also shows on this site. It might be because of the different feeds. Either way, it appears not to be a problem, at least for me..