TSXV:WMG.H - Post by User
Comment by
KonnectTheDotson Aug 06, 2020 12:00pm
109 Views
Post# 31373335
RE:RE:RE:RE:RE:RE:RE:RE:RE:Property
RE:RE:RE:RE:RE:RE:RE:RE:RE:Property Good to hear that you are still positive on this, a good sign.
I guess the problem for most of the rest of us that only get information from the company or others 'in the know' is that after all these years there isn't anything to show for all the time money and effort so far.
Nothing real.
Only them always saying the same thing:
Western Magnesium's goal is to be a low-cost producer of green, primary magnesium metal, a strategic commodity prized for its strength and light weight. Unlike outdated and costly production processes, Western Magnesium looks to use a continuous silicothermic process to produce magnesium, which significantly reduces labor and energy costs relative to current methods and processes, while being environmentally friendly.
They talk about a commercial pilot plant, they talk about buying factories, they talk about being a world class producer....
But what have they actually done other than talk?
So yes, if you believe what they say it sounds great.
But at what point will they actually do something real?
And yes, most of us here are in it for the money, that's why people invest.
Investing involves two things.
Having your investment increase in value and having it happen in your lifetime.
You can't eat pie in the sky.
Hopefully we get an update on the pilot plant and the aquisition of smelters soon.
You say 'the vast majority of shareholders clearly understand where this is going'.
Really?
On what grounds do you feel you can make that statement?
Do they understand that from the company talk?
It must be as there isn't any other metric to base that on.