Clarification: I want to get a pickaxe or an axe with Magick score as high as possible. I do not intend to use it in melee (except for occasional block) and Oberon's bounty is enough to smash any node.
Am I getting it right that in order to max effects from spells like Immolation or Quake I just need to pile on mats with highest magick stat and completely ignore crit damage, at least on that tool?