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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

Comment by Sherry35on Sep 21, 2022 2:15pm
97 Views
Post# 34977043

RE:Stop pumping Probe. 11 cents baby!

RE:Stop pumping Probe. 11 cents baby!E99 - Good question. With fidiucary duty lying in the hands of the BOD, a better question is what's the managementl plan to get this company back on track. What is the cost to get a US Gov or JV funded trial plant? What are the immediate (lawsuits) and unforseen risks (oncoming recession), and perform mitigation?

Right or wrong, the optics of this situation has to be managed in order for this company to achieve any level of success. With AI and RPA scripting being used in the past 10 years, there are companies out there analyzing investor forums, blogs and twitter threads. I believe there is one such company in Toronto run by a former Sprott executive.

So, these forums offer a different perspective not conveyed by the executive team and filings/PRs/chart packages of a company. CSIS, CSE, OAG and Bank of Canada are paying data scientists north of $100K a year to analysis and model tera-bytes of data stored on huge data servers with cheap SSD drives. Bank of Canada is hiring DSs with investor backgrounds.

So, based on your intimate knowledge, what is the estimated PP particpant profit on the TSXV alone from mid-2021 to mid-2022? If 20% is attributed to stop losses and lose hands, how much money was profitted by the PP particpants based on the stike price and the staged exits over the course of a year? The area under the share price curve and the flat strike price is huge for the first 6 to 7 months.
 
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