Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 KonnectTheDotson Mar 02, 2023 6:21pm
152 Views
Post# 35316312

Build out? license? both?

Build out? license? both?

Confused as to what their actual business plans are, they seem to change from month to month.
For a while they were intent on building 100,000 metric ton plant in Harrison county Ohio now it seems they're going to build a smaller plant or research and development facility in Nevada.

They have also been paranoid about keeping secrets and the proprietary process. Now they talk about licensing the technology?

It would be easy enough for the Chinese to set up a fake company license the technology and then out compete them.
Doesn't make sense and doesn't align with what they have said in the past (but then nothing does)

Them fumbling along from one announcement to the next sounds more like desperation and grasping at straws than an actual business model.


WASHINGTON,D.C.TheNewswireFebruary 13, 2023WesternMagnesiumCorporation(WMC)(TSXV:WMG;(Frankfurt-3WM);(OTC:MLYF)(“WesternMagnesium”orthe“Company”)is pleased to provide a technical update.

During this period, and due to the sensitive nature of this work, the Technical Team, led by our CTO, Mr. Paul Sauve, completed these upgrades. These proprietary upgrades have increased the vast technical knowledge of the Technical Team and will provide irreplaceable experience for the future Commercial Plant.

The value of our technical and software upgrades gives Western Magnesium the ability to have a full package solution for the licensing of our technology in the near future.

------------------

Just actually do something other than constantly moving the goalposts and leading investors on.

'Not long now!'

Expect to see a Hail Mary news release just before the AGM (like pulling a rabbit out of a hat)
Exciting and thrilling no doubt!

The value of our technical and software upgrades gives Western Magnesium the ability to have a full package solution for the licensing of our technology in the near future.
<< Previous
Bullboard Posts
Next >>