Western Magnesium Corp V.WMG.H

3 months financials

[Executer99]

345,090 consulting 

335,493 legal fees 

793,320 salaries

23,541 investor relations

damn Junkie....you and prospero need a raise. These are all facts mrs Milf before you say anything. Mr. Probe should be more active in the coming weeks as he is off school now - off for 9 weeks while he gets paid. 

steady eddy - keeps this posts coming. You many words are wisdom 

[KonnectTheDots]

WOW - Like you say 'Concerning'. Very concerning. I was thinking about investing in this company but after reading your analysis, I'm not sure. I'm really terrible at deciphering these company financials that's why having an expert like you on this board is fantastic. I've looked high and low but there is one piece of information I need to find before I take the plunge. I

[KonnectTheDots]

Oh hey E99, never mind, I found the answer. This company is in the Research and Development phase, PE ratio only applies to companies with EARNINGS. I guess that's why its called Price to Earnings ratio, silly me. An pure R&D company (as opposed to an established company with sales, revenue, profits, etc...) like this one has no earnings so there can be no P/E ratio (wow who knew, not

[Executer99]

Do you want some more winners? DM me  You guys (Junk and Prospero) talking about $19 target when you have 80 million warrants/options at .08/09 weighted  tesla didn't have that structure  As explained - musk was a trade. A damn good one $3500. I heard news and news came out - corruption on tsx leaked Emo - in at .22. Holding 500k shares    want some more

[KonnectTheDots]

As explained - musk was a trade. A damn good one $3500. I heard news and news came out - corruption on tsx leaked. Too bad you never let Griasdeng in on this, nice guy. He thought you knew something about investing and got burned. posted June 10, 2021 08:31 am  by  Griasdeng (5) Just bought Musk Metals :P   2021-06-10 C MUSK

[Griasdeng]

Yes that was c*rap. E99 have my 3500 now... 

[Executer99]

Always sell on news my friend - just like WMG reactor news. I bought and sold  haven't sold a single share Emo yet. Another high close today  Just loaded hard OPTI few weeks ago at .70. News flow coming  Western stuck here for a long long time due to 80 million options/warrants at an average of 9 cents. Management killed this. 

[Griasdeng]

Reminds me of the advise to buy when it's low and to sell when it's high... Despite of that, Musk Metals has "only" about 30 Million shares outstanding. And they re making good progression, so why not.... My thoughts. Was my first canadian mining company... didn't thought all of them are penny stocks.

[PapaJay10000000]

The financials for WMG are definitely not what they're selling on (yet at least). It's 100% based on if we have faith in their management to do what they say they can do... Does the reactor do what they say it can? How far are they into their factory build? How much Mg will they produce once the reactor is operating at full capacity (or are they planning on selling the reactors

[Griasdeng]

Hello papajay, I can totally understand this even if I'm not so long in it. During that timeperiod you could have invested into another Companies whose are much much more efficient... or even produce something. But if you had invested at 0.02 Canadian Dollars , you already have your 'tenbagger' now. so it is not so bad for you. I dont think that anybody can make a good calculation at

[Griasdeng]

correcture: 0,05 % 

[KonnectTheDots]

I first invested in this stock back in 2012 when it was NVM.V I'm starting to wonder if this is the never ending story and if there is ever going to be proof in the pudding... Yup me too. If this company fails it will be because their 'Metalution' thing doesn't work not because of their share count, dilution, directors compensation, law suits...etc. If they can't produce Mg

[KonnectTheDots]

Hangman, just for you, https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4045395/    Money for nothing: How firms have financed R&D-projects.   R&D is characterised by a long, multi-stage time lag between cash outlays and cash flowing in (Holmstrom, 1989). This lag can be divided into the lags between the start of research and a proven invention, the proven invention