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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 11, 2023 10:07pm
158 Views
Post# 35630605

RE:Isn't anyone outraged over this? (or even a tad curious?)

RE:Isn't anyone outraged over this? (or even a tad curious?)Some of the views are bot crawlers scrapping informatrion into a data lake for AI analysis. I'm very familr with this approach used by a investment firm in TO run by a former Sprott Asset Mgmt executive. Also, some government organizations are tracking this along with off shore account trading. Hmmm.

The reason people aren't posting is:
1) daily chart reaks of dilution
2) cease trade order in Canada
3) accounting issues yet $70M in cash generation from printing shares (see item 1)
4) no pictures of the pilot plant
5) the only winner in this pubicly traded company is the lawyers follpowed by accountants. DAH! This is a major reason to move on given 5 lawsuits in Canada
6) lack of transparency by the executive team -> proably to circumvent or p[ostpone a lawsuit
7) Bigrig and paint by numbers stockprobe WMG support has wained
8) business plan with no P/F/A dates

There are 8 reasons for the  limited number (approx. 3) of active posters. I'm sure you can add 5 more reasons to the list.

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