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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 Jan 20, 2024 1:08pm
185 Views
Post# 35837401

RE:RE:RE:Billboard Buzz: Shareholders ask CEO to go without a salary

RE:RE:RE:Billboard Buzz: Shareholders ask CEO to go without a salaryStockprobe,

How was hibernation?
Since you are arguably the number one pumper of this stock, tell us how those purchase orders are coming along (ie. being filled)


Comment by stockprobe19on Dec 06, 2022 10:37am
51 Views 
Post# 35153268

RE:And so it begins

"CCMA will begin to secure purchase orders from their established client base in various industries for the magnesium metal samples produced from the commercial pilot plant. This will include the securing of magnesium metal and alloy supply from Western Magnesium’s full-scale commercial facility starting with end users in the United States such as the automotive, aluminum, die cast and aerospace industries, as well as eco-friendly technology companies.'

Yup, securing purchase orders sounds like nothing alright. Like I said doesn't matter what news release WMG comes out with, paid bashers will have something negative to say. 

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Well yah, it does seem like nothing cuz it actually is nothing, wrong again oh wise one.
The passage of time always m,akes you look like a fool (oh and you ridiculous posts of course)
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However all isn't lost. There still is a heartbeat and things probably aren't as they seem.
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A heartbeat?
Last we heard from them they were going to revolutionize the manufacturing industry with their game changing disruptive technology.
From a world beater to a heartbeat?
:-(


WASHINGTON,D.C.TheNewswireFebruary8,2023WesternMagnesiumCorporation(WMC)(TSXV:WMG);(Frankfurt-3WM);(OTC:MLYF)(“WesternMagnesium”orthe“Company”)is pleased to announce the Commercial Pilot Plant is ready to move into the final stage of continuous metal production.

All necessary required mechanical upgrades identified during the initial optimization reactor runs have been completed, proving successful metal processing capabilities. The Commercial Pilot Plant will be ready to enter a continuous phase setting the stage for continuous metal production.

Executive Chairman, Ed Lee, states “After the successful initial run, we are confident moving into the continuous phase. This is an exciting time as we have been able to show success with initial optimization runs.”

Executive President and CEO, Sam Ataya, states “We have been in discussions with multiple end users about metal production from our commercial pilot plant. Due to demand being very high and magnesium metal availability being scarce globally, and particularly in the United States, discussions with the end users have been escalated and we are working with end users to supply magnesium metal from our Commercial Pilot Plant.”

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WASHINGTON, D.C. – TheNewswire – May 10, 2022 – New research into several critical industries says the global market for magnesium metal will grow by nearly 50 percent by 2028, a surge that will give Western Magnesium Corporation (TSXV:WMG.V)(OTC:MLYF) Frankfurt-3WM) (“Western Magnesium” or the “Company”) a significant advantage as it begins the process of building up production capacity in North America.

“Over twenty years ago, North America gave up on its share of producing magnesium metal and ceded the market to China,” said Western Magnesium’s Executive President & CEO Sam Ataya. “Now, with demand rising, we are about to bring production back and put the United States on a footing to first supply domestic needs and then focus on supplying the global demand with the magnesium it needs to produce the next generation of goods that will be the most environmentally friendly since the start of the Industrial Revolution.”

“In the coming years, when the world buys magnesium to produce the aluminum used in cars, planes, and a range of electronics, they will be buying from America,” said Western Magnesium’s Global President & COO Lisa Maxwell. “That puts us back in control of our destiny and reduces the threat that overseas hiccups pose to our economic and security goals.”

The Company is expected to start production of magnesium metal by the end of this month. The location of the first full-scale commercial plant will be in Harrison County, Ohio, and leadership is currently working to select future plant locations in the United States.
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So Stockprobe, what happened?

WASHINGTON, D.C. – TheNewswire – May 10, 2022
The Company is expected to start production of magnesium metal by the end of this month.

Rather than you usual droning on about bashers and how negative the posts are, why not tell us why you are and have been so high on this company to the point where you threaten posters to be added to a lawsuit for asking pertinent questions?

I'll give you some topics to wax eloquently on:

- What happened to the commercial pilot plant referenced by the company above?
They said it operated beyond their expectation so why did the not just continue to keep pumping out 99.8% pure magnesium and send it to potential customers as they stated they would?
- Where is the full scale plant?
- What happened to moving the CPP to Nevada and building a new R&D facility?
- etc, etc...

All this forward momentum gained from a decade of research and development supposedly come to a grinding halt waiting for financials to be audited 10 months ago?
Does that even sound at all plausible?
Anyone can go back and read all the news releases they put out.
Why has nothing they said ever happened?
Hmm, what do they call that?
What you said about the company in your opening statement is true and I commend you for your uncharacteristic honesty, well done, keep it up!

The shame and disrespectful things are posted lies and disinformation and the shameless spread of it. 

For a long time you just spread and reinforced anything the company said like a trained seal, now you finally realize the error of your ways.
It takes a big man to admit ones mistakes.
Do you know any?
The company is in dire need of at least one.

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