Bullboard - Stock Discussion Forum Western Magnesium Corp V.WMG.H

Alternate Symbol(s): MLYF

Metals & Mining Industrial Metals & Minerals

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... see more

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TSXV:WMG.H - Post Discussion

Western Magnesium Corp > From Form 10

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Post by Executer99 on Aug 12, 2021 12:51pm

From Form 10

NO PATENTS OR PATENTS PENDIND IN THE USA OR CANADA
-31 million in debt
-They have no plans to mine any resourses from their mine assets?
-They may not be able to get permits for their pilot plant which I assume means they don't have it.
-No dividends planned
These are FACTS that were filed in their form 10 to the SEC to trade in the stock market (Their business plan)
Don't believe people on BB/forums, due some DD and READ THEIR FORM 10

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Comment by Bingbong87 on Aug 12, 2021 1:03pm

Form 10 is a very big step towards getting listed on major US exchanges. Very exciting!

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Comment by RawSienna on Aug 12, 2021 1:22pm

It's long and it's boring but it's a legal document filled with facts that were pointed out, do you dispute any of them? Did you read it?

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Comment by stockprobe19 on Aug 13, 2021 3:36pm

Read all the material of the Form 10 do you understand what they read? You take things out of context. What they are referring to about permits is what has been put in by lawyers but if you read further you find out that we have conditional permits. “Regulation of Magnesium Production and Mining, Environmental Compliance Our pilot magnesium production facility that ...more

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Western Magnesium Corp