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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 MagInvestor1on Sep 13, 2022 9:31am
73 Views
Post# 34959055

Time for Class Action against Western Mag? Yes!

Time for Class Action against Western Mag? Yes!Hi All,

I truly believe this is the next step.  And why wouldn't it be?  There is nothing positive and appears to be a money laundersing operation with losses in the $70M range.  No one knows where that $70M went too???  No wonder the Accounting firms both fired WMC and then the CFO quits.  Word from Canada is he stood up to Sam with facts about the company financials and not paying employees and the Tyrant Ayata fired him on the spot for trying to do whats right. They might file he was fired but you dont fire your CFO after the North America Prsident quits who is responsible for Ohio followed by 2 Accounting firms firing them as well.  Then the Legal Firm of McGuire Woods then drops them for non-payment and overdue billings.  You canot lie your way out of the facts!  Yet, Sam Ataya and the family memebrs around him continue to draw salaries.  Hummmmmm.
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