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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

Post by splitcoreon Dec 11, 2023 10:52am
223 Views
Post# 35777799

KTD and the future

KTD and the futureThought I'd check in today to test the waters.  I stand by what I posted previously.
My disappointment with this thread is the constant negativity.  It's a fact of investing that progression of a company doesn't always proceed in anticipated lock-step order.  You don't need me to point out specific examples of the "bumps and pot-holes" that have slowed WMG down nor do you need examples of how most of the threadsters here have only seen the bumps as a) bad management, b) stupid management, and c) criminal behavior.
Someone has alluded to the monies from the recent PP being used to get the financials completed and issued.  I agree.  I also know (or believe) that now may not be the best time to reinstate trading.
The market sucks..... traders are thinking of Christmas, not trading.... they may be looking at the recently announced fund for domestic development of critical metals.... and, finally, any positive news will just get lost in the ether.   My guess is that the financials are completed and they are sitting on them ( no thumbs involved).  Much better to wait til January. So, I'll wait with my fingers crossed.
Just my thoughts.  Merry Christmas to all.
Split.
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