Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 stockprobe19on Feb 13, 2021 11:10am
155 Views
Post# 32561604

RE:RE:RE:RE:RE:RE:Western Magnesium

RE:RE:RE:RE:RE:RE:Western MagnesiumExcellent post KTD. Clearly you show your interest, understandably, in having the company patent it's process, to make you a millionaire. I too want that to happen. However the down side to that is several potential problems. The first being patent or no patent doesn't speed up the process but with a patent it will slow down the process. It takes time and money to patent a product. There is a time frame to a patent so if you start the process and don't complete it as in produce the said new magnesium you stand to LOSE your patent to anyone. 

"Like most R&D juniors this one is a gamble."

It is a gamble so why hedge your bets when you don't have too. This is like a game of chess you need to know the next 10 moves in the game to win. Playing the patent move is like moving your Queen out far too early in the game. It's a move that has little bearing on the outcome.  

Larry Reagh was never involved with Nevada Clean Magnesium, he may have been with MOR. Look what happen to Adanac, one of Larry's companies that I had heavily invested in, it went to $2.76 cents before crashing down to less than 1 cent. Is that the fate of AMY? Did Larry play his cards too early? Time will tell. Ed Lee isn't interested in making fast millionaires, he is interested in making a solid magnesium producer so making the right moves is critical to having success. To say that the management doesn't care is an ignorant statement coming from you, I expect more from you. Lastly do not take the Chinese lightly, they are powerful and are deeply intrenched in America. 
<< Previous
Bullboard Posts
Next >>