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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 > Bottom in place?
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Comment by KonnectTheDotson Aug 11, 2022 4:08pm
105 Views
Post# 34889518

RE:RE:Bottom in place?

RE:RE:Bottom in place?Looks like this article had some effect on WMG sp:

Magnesium Prices Are Falling And Western Magnesium Stock Looks Like A Sell
Nov. 09, 2021 8:32 AM ETWestern Magnesium Corporation (MLYF), WMG
- China is cutting magnesium production in a bid to clean up its air ahead of the 2022 Winter Olympics.
- As a result, the price of the metal soared in September. However, it’s been declining even since.
In view of this, I think it could be a good time to sell Western Magnesium.
I don’t think the business of the latter is worth much anyway as there has been slow progress on its technology and the balance sheet looks weak.
Also, the Tami-Mosi magnesium project hasn’t seen much progress since a PEA came out in 2011.

https://seekingalpha.com/article/4467258-western-magnesium-looks-like-a-sell

Have a look at the chart, strong correlation.

https://stockhouse.com/companies/quote?symbol=v.wmg

Hey, where are our resident pumpers on this?
Did they threaten him with lawsuits?

its technology and the balance sheet looks weak

Defamation for sure!
Hasn't that whole 'free speech' thing been fixed...yet?
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