Source: The Critical Investor for Streetwise Reports 02/06/2018
The Critical Investor sits down with MGX Minerals CEO Jared Lazerson for updates on this multi-faceted company.
MGX Minerals Inc. (XMG:CSE; MGXMF:OTCBB) is a rare breed of junior, as it has a staggering 22 ongoing projects, it is CSE listed, works on revolutionary “petrolithium” and zinc air fuel cell tech, has booked no tangible, independently verifiable results yet, but still manages to raise tens of millions of dollars like it’s nothing, and keeps producing a true avalanche of news releases because of these 22 projects. When talking to management, there are always plans for even more projects they might go after. Too much? One might think so as progress is slower than projected on several fronts and results are few and far in between, while in the meantime new projects are being added, seemingly creating ever-changing dynamics in a vibrant pool of increasing activity as far as focus and strategy is concerned.
However, this is about to change, as MGX is looking to bring the first 750 bpd wastewater brine plant in Alberta in production within 45 days, and announce the coveted Driftwood PEA results within two weeks. I consider these two projects definitely to be cornerstone value indicators for MGX, and as such both developments will provide important tangible information about current and future value of the company. As investors also seem to get the feeling something is about to evolve, positive sentiment is reflected in the share price lately:
