TSXV:WMG.H - Post by User
Post by
AucontraireIIon Jul 15, 2022 10:30am
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Post# 34826876
Clearly something wrong here
Clearly something wrong here
Apologies for stating the obvious, but clearly there is something very wrong here that we haven't identified for sure yet. About 9 months ago we were at almost $1 canadian, and now look at where we are despite a huge and potentially worrisome milestone having been achieved. Yes they were late with it, yes they over promise and under deliver, but at least apparently they have delivered the goods. So what don't we know that's causing this? I have no idea obviously. Maybe it's the market itself, maybe there is something within the company that we'll be the last to find out about, maybe it's just the financials that are much worse than we can even imagine, or maybe the very premise the company is built on that there's a huge demand for magnesium is overrated. I don't know, but something has changed in 9 months and that is worth taking note of I'd say.