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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 stockprobe19on Feb 21, 2021 1:32pm
121 Views
Post# 32621924

RE:RE:RE:RE:How we doing

RE:RE:RE:RE:How we doing Yes I did think of the merits of realism, have you? When you look at the size of the goal, at the costs of that goal, the road blocks, the economic challenges, the enemy of this project and the expectation of the shareholders  you would  understand the situation. Having knowledge in setting up a business myself I have some experience in the matter. If I had 100's of millions of dollars, timlines could easily be met but that's not the case. I have done renovations that have taken years instead of months just because of cash flow. Money in then work proceeds. If I did a projection based on that, my guess of months would of been way off but does that mean the project won't happen? No, it got done, just many years later. People watching keep saying it will never get done, your projections was way off, blah, blah, blah. WMG has way more issues than money so trying to give projections to please shareholders is really unrealistic but is demanded. Am I frustrated, for sure and get it. I want this to just be done with after all I AM A VERY LONG TERM HOLDER of this company. So here we are with a site and people working to get it done, so they say. I have faith in the management so I will hold. That's me, you do as you please.    
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