The problem with the stock you're trying to promote ie MGX has the shortest mine life of any iron ore miner.
MGX also missed out in the largest IO boom in history and burnt through $400 million in the process.
Plus MGX has paid no dividends last year and none so far this year. Still waiting to see if MGX actually makes a profit. Anybody who has held MGX over a few year term has lost money, got no dividends and also lost nearly all the money they had in the bank, so there is little to no buffer.
MGX will be out of IO in a couple of years time and has NO other project to speak of except Shine deposit which is low grade crap and were losing money when it was closed down.
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