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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 AucontraireIIon Oct 25, 2022 8:35am
86 Views
Post# 35046041

RE:RE:Put into perspective

RE:RE:Put into perspective
There you have it KTD right from the horse's mouth himself. " It has nothing to do with profits. Yes I am interested in profitability but that isn't the point. The point is they have the technology it just isn't profitable right now." Probe is making a completely different argument. Profitability might be on the list of priorities somewhere but it's nowhere near the top as far as he is concerned. I say, okay fair enough. He's entitled to his value system. You have to admire anyone that devoted to idealism and True Belief even at the expense of ever making any money out of it. I would say in that case, why own any shares?, why not instead just sit on the sidelines and root or just outright cut them a check to support the effort? But that's just me thinking out loud and what do I know. But it's clear to me there are three groups now when we used to think there were only two. There are bashers who want the stock to go down, there are pumpers who want the stock to go up, and there is Probe who doesn't care what the stock does as long as the technology proves itself. This is why I stopped listening to anything he says a long time ago. He's not on either of the normal sides that concern me, he's on his own side that he carved out for himself. Good for him.
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