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Re: drobx post# 554

Tuesday, 09/04/2018 9:53:29 AM

Tuesday, September 04, 2018 9:53:29 AM

Post# of 864
This is my observation: MGXMF's business model appears to be something like this:

1. It is first a company that markets minerals (anything that the sub companies under it's control can produce - from oil, lithium, Silicon, etc.)
2. It has a stake or owns companies that can help extract minerals that it can market.
3. The Zinc energy company is just a purchase to expand the companies model by reaching into eco-friendly markets. It does not fit it's current business model, but simply adds entry into another market.

If you read the press releases, you would note that the way it does business is by alliances which helps reduce its cost of doing business, but at the same time reduces the companies maximum profit.

Yeah, I hate the idea that it has not already shown some sales considering all of the resources it has access to and it appears a show of income is not to be expected until late this year or early next year.