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Western Magnesium Corp V.WMG.H

Alternate Symbol(s):  MLYF

Metals & Mining Industrial Metals & Minerals
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

Western Magnesium Corp > Only a few days to go. Q1
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Comment by KonnectTheDotson Mar 02, 2021 12:33pm
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Post# 32695612

RE:RE:RE:RE:RE:Only a few days to go. Q1

RE:RE:RE:RE:RE:Only a few days to go. Q1Whatever the terms of the deal were the intent of the NR was to give the impression that things were happening in 'timely, cost-effective manner' and that financing had been secured.

says Sam Ataya, CEO of Western Magnesium. "This financing puts us on the road to realizing our vision of restoring American manufacturing leadership by providing a safe, domestic supply of magnesium metal that is a lower cost, greener and higher quality than what is currently available in international markets today." Ataya continued, "The structure of the deal gives us tremendous flexibility to support our vision in a timely, cost-effective manner that can be drawn against as warranted and needed."

Volume and SP spiked in 2019.

Ah well, rumour has it we are days away from major news!

I can't remember, is it 'buy the rumor, sell the news' or the opposite?

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