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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 AucontraireIIon May 08, 2024 7:41pm
112 Views
Post# 36030022

Should they even reopen trading?

Should they even reopen trading?I mean what would be the point? So that people could put their shares up hoping to get 0 for them?  Unless they combine reopening with some sort of a blockbuster PR which says ....and not in wishful thinking terms ....that WMG is seriously going forward. For example WMG has inked one or more big manufacturers to contracts and have secured significant loans to proceed with manufacturing.  Here are the dates, here is the amount of money, and here is when manufacturing will begin and then sold to whom.   Without that we are just fantasizing about maybe at best only keeping the lights on mostly for their benefit.   Without something new and big, I'd say just leave it as is.  Closed to trading.  Which gives us a 0 stock price.  All IMHO.
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