Samluk, you have answered your own question. "if the ore is not...

Samluk, you have answered your own question. "if the ore is not selling to the Chinese, then who the buyer will be ? and where their profit is from ?"

This is the major weakness in MGX. They have a huge economic dependency on the Chinese market. Therefore it is imperative that MGX has an independent board with a view to expand it's customer base not only in China but to sell some of it's ore to India, Korea & Japan.

If MGX can operate without a Chinese gun held at it's head or perhaps a smaller gun, the SP will no doubt be much better.

Then there is the issue of proven resources. MGX only has a current mine life of 10 years, they need to prove up more resources.