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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 19, 2023 11:46am
125 Views
Post# 35690965

RE:RE:Zembala

RE:RE:Zembala Another very valuable piece of the puzzle, thanks for posting MNF.  It's all so bizarre, isn't it?!  We went from pilot plants to mega plants, to frequent hiring of executives and consultants, including consultants to value the company, and making the metal and recent Sammy TV interviews of nothing but sunshine, to nothing happening in Ohio, to refusal to announce the result of company valuation, law suits, people quitting, pilot plant shuttering and moving (supposedly), to law suits, to failed cancelled AGMs, to talk of R&D facilities, and opening a mine again at Tami Mosi, to leasing the technology as well as other forms of magical thinking complete with a lack of how, what happened, what IS in fact happening now, to the current market halt.  All without a peep.  This is one for the records.

I have no idea I admit, but I suspect something they weren't expecting happened.  Maybe one too many law suits?  Maybe surprises with the process itself, such as in the yield or quality of the metal, or maybe some combo of both along with money draining out at the same time.  All along it was like they were pretending to be something they weren't, at least yet.  I really don't know but the failure to communicate has no excuse.
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