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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

Comment by CBalardoon Jul 28, 2020 9:45pm
127 Views
Post# 31334648

RE:RE:RE:Property

RE:RE:RE:Property I don't know if you remember me telling you about the 5 cent offer coming but I did? They have a pile of rights offering @ 5-8 cents? Thats when you know it's time to go. I don't know why you guys are all hung up on this one. Allience magnesium is already breaking ground on their commercial sight in Canada. The great thing about it is the government  is helping finance it. Its in their best interest to help clean up old tailings piles. Apparently mag one has test showing 32-37% magnesium in the tailings? Why is this good well... 1. it's already sitting there you don't have to pay heavy funds to go digging 2. In Thetford mines the power rail and building infrastructure is already there as well as zoning. KSM fertilizer and Dundee have already been going clean on the piloting to get funding not new news! Mazarin and Asbestos Corp are the land holders their shares are getting tougher to get due to the value in the tailings? I saw a write up last year showing 400 billion worth during BAPE meating don't know how true that is? So if you ask me this CEO in Western Magnesium may want to check the area out. Until these guys finally get their act together and secure funding for commercial production I think there just going to keep diluting and using public's money for wages in sluggish management tactics. 
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