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 > where is the magnesium coming from

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Comment by Sherry35on Feb 08, 2023 11:36am

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Post# 35274560

RE:RE:RE:RE:RE:RE:where is the magnesium coming from

Still sitting in the bushes waiting for the reverse split, with 90% probability of pulback on SP, and 3rd party published assessement reports. As for the latter, I mean actual 3rd part assessment reports posted on Web site and submitted to SEDAR. With a FED induced, Russian hydrocarbon sanctioned recession in full swing, I'll wait for the recession bottom on that as well.

The pilot plant revenue stream won't be enough for this company to gain access onto the NASDAQ or another big board. I don't think the building owner will be appreciative a ore pile and conveyor system behind the building. In other words, the pilot plant is "receiving bay" constrained.

Like all these uniquely managed Venture companies, planning, risk management, accounting and fidicary duty is scare skill. I wonder how the CFO is doing with the accounting books?

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