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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

Post by AucontraireIIon Aug 31, 2022 8:09pm
115 Views
Post# 34934147

Honestly

Honestly
to the people who like the stock, and you know who you are, are you really not interested in the financials for this company? Look at what the stock price is saying. How will this company be financed going forward? What if it first declares bankruptcy and then operates out of bankruptcy but your stock price goes to zero in the process. What will you say then? Yes german, I know how things are done in the engineering world, I was one in a previous life, but there is a financial aspect to these things as well. Any thoughts from people who still like this company?
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