TSXV:WMG.H - Post by User
Comment by
JustaSlackeron Jun 25, 2022 6:02pm
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Post# 34782569
RE:RE:RE:RE:RE:RE:SEC and EPA Investigate for Fraudulent Claims
RE:RE:RE:RE:RE:RE:SEC and EPA Investigate for Fraudulent Claims So from what I have gathered, after an evaluation of the technology and a metal certification, the company should be able to land a solid financial deal. From reading articles and posts, it appears they are on the right track with a commerical pilot plant producing magnesium. If magnesium production is so scarce in the US and this company can fill the void, it looks like they are on the right track but just need a little more time. I read where here in 2022 they plan to announce several things that had been delayed in the past. The financial markets have really taken a hit this year, but I would think several financial organizations would put their money on this technology. Certifications and evaluations take time. It appears many of the investors are in it for the long haul, so I wouldn't stress out over a short delay. Just looking at the time line, this company has really progressed in the last 2-3 years and magnesium is a much needed metal. As for banking institutions, it appears everything will be financed and be successful in the end.
Just curious, are there any other companies you are investing in or have your eye on right now?