Guys let's not make comparisons these two stocks are very good the main reason both have cash in the bank and make money and no debt is that simple. Both sell high quality product and both have Chinese influence. The longer this pandemic lasts the longer Iron Ore remains high. The only difference is the controlling of dividends but still nothing to complain with GRR still happy with the payout, MGX dividend will be huge next few years dividend payout - have no ball park figure considering MGX will make around close to $ 1 billion on the bottom line. Also GRR has Southdown MGX also has low end product Shine and embarking on an acquisition hopefully into Lithium or Copper. This acquisition will only happen once the real cash rolls in. If your in both stocks enjoy and if you have one or the other still be happy. MGX share price is down it's only lagging cause of the waste stripping - no rocket science here - next 2 years however will be jaw dropping numbers - the cash will be generated will be huge and same can be said if GRR embarks on Southdown. All I know my expectation of GRR was around 70 cents and will go higher.and MGX potentially $4.00 to $6.00 and anyone's guess if they acquire a strong base metal company. Enjoy shareholders for both we are in a sweet spot.
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