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Western Magnesium Corp V.WMG.H

Alternate Symbol(s):  MLYF

Western Magnesium Corporation is a producer of green primary magnesium metal. The Company is focused on plant operations and magnesium production. It uses a continuous silicothermic process to produce magnesium with low labor and energy costs while generating minimal waste and toxic by-products. The Company's technology eliminates inefficiencies and allows for a continuous, mass production of magnesium. Its magnesium is used for technological advancement opportunities for American industries including auto, airline, aerospace, and protecting national security interests with the department of defense.


TSXV:WMG.H - Post by User

Bullboard Posts
Comment by AucontraireIIon Dec 13, 2019 1:01pm
71 Views
Post# 30452550

RE:RE:RE:RE:Holding on

RE:RE:RE:RE:Holding on
personally I am very positive on this stock also. If you compare where we are now or at least where we seem to be now, with where we were one or two years ago, it is night and day. It is not easy to simply rewrite the technology of how to produce something like magnesium which has a well-established process and overnight make something which changes the game. This of course assumes that I am not overstating their invention but it seems to be what they are suggesting. That said, you simply don't shake this type of change out of trees. So that combined with access to lots of money to start implementing is so many leagues ahead of where we were it is hard to imagine. I have been adding but as my habit has always been, was unable to pick a bottom. I should have waited a bit more but that is hindsight. For what it is worth, probably not much, we have about a two-thirds retracement from old lows to the high range of recent months. Normally that's a good time to buy. But now? I guess you have to place your own bets. Don't take my word for anything.
Bullboard Posts