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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 KonnectTheDotson May 04, 2023 10:26pm
154 Views
Post# 35432013

RE:RE:This sounds AWESOME!!!

RE:RE:This sounds AWESOME!!!Well Sherry, I would say as China has spies everywhere and are probably much smarter than the west (they have like a five thousand year head start) that they don't think this thing is worth a pinch of coon $hit.
Otherwise, as you say, it would have been theirs by now.
Not my opinion (as a 'real shareholder' :-) although not far off) just stating the obvious.
If they could they would.
No doubt they can't.
Everything they have done for the last decade has been a stalling tactic to keep the PPT gravy train going.
JV with ScanMag of Norway.
Partnership with Big Blue Technologies,
Colaboration with University of Colorado.
Pilot plant in Ft St. John BC Canada
Commercial Pilot Plant in Burnaby BC.

Do ya think that they didn't know that they could never have piles of ore, slag, trucks in and out in a leased commercial industrial park warehouse space?
All so that this would take as long as possible.
Move it to Nevada, take at least a year.
What after that?
Maybe move it to Hunter Biden's back yard?
You don't do that if you actually believe that this will be commercially viable one day.

They said in a news release that they are building the 100,000 mt/year MEGA plant in Harrison county Ohio years ago.
Well, has anyone ever heard about it again?
And what about the purchase agreements for 25,000 pounds or whatever it was, where is that at?
Licensing agreements for full packages ready to go of the technology?
People, these guys are constanly crying wolf, how long are you going to believe them?
This thing is dead in the water, a dud, kaput.

Ed said that this isn't going to trade again until the financials are done.
No kidding.
Why were they not done months ago? On time?
Stalling.
Why has it been two months now, can't take that long?
Stalling.
Why has there been no progress, no news, no communication?
Just because they are not trading that is no excuse to do nothing.
Ah, but it is their excuse.

Remember all the crowing, all the hyperbole they went on with at length before the AGM (go back and read them)
How exiting, how proud, how groundbreaking it all was.
Now.....nutin.
Does that make any sence?

I should have sold in the last pump and dump like the resident pumpers (oh, sorry, I mean the 'REAL SHAREHOLDERS')

These guys are experts at doing nothing and making it sound amazing.
They won't have any problems stretching this bait and switch out for another decade at least (cause what they are doing is really hard)
Ya, all they have to do is make the stuff and sell it.
Apparently they have already made it half way there, they have sold it!
Now they just have to make it :-(

What a monumental joke.


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