Western Magnesium Corp V.WMG.H

I see everyone

[AucontraireII]

is finally at everyone else's throat...like happens on any ship going down. Honestly, is there much left to discuss with this company? It can be had lock, stock, and barrel for pocket change and no one apparently is much interested or so it appears. It was a nice effort, but maybe someone some day will run with the technology....but it's looking like that's not us sadly. What else can I conclude?

[Sherry35]

Nope. I stand by my theory that Sever is in the driver sit. I could be wrong. Now I wait for the next interim financial report. I will say this, the returning CFO has courage in resolving the issues facing this company. I just hope there are no accounting issues.

[AucontraireII]

Then why say "nope", Sherry? I don't have the details either but it's obvious somebody has the company over a barrel even if it's their own excessive expenditures combined with lack of income. Maybe it's sever.... Okay, either way the company is in trouble and we don't know exactly why as to the details... That's all I'm saying.

[Sherry35]

Interesting point "obvious somebody has the company". If isn't Sever's lawsuit and $70M has been written down, perhaps WMG is being audited by CRA and MNR. MNR was hiring data analysts and scientists two years to work with other international groups in auditing the financials of extraction companies. Perhaps WMG is being audited given $70M was written down -> big red flag for

[DiscordtoStock1]

Audit Sammi Khalid checking account or Maybe's Hallie's and you will find the money!!!

[KonnectTheDots]

If the ship is goin down one would hope the pumpers would start pumping, maybe they can bail faster than the water is flooding in (or the money is pouring out) Got to admit this site is more entertaining than most TV shows these days.  Ah well, being a TSX Vulture Exchange start up it was a long shot anyway. See ya'll in the funny papers. 

[Sherry35]

There is no need to pump because the PP shares have been dispersed. Lets just hope that WMG doesn't experience this stituation marked by "Street Wire: Telecure wins identifying order for on-line detractors" PR. The article eludes to selling shares to off-shore investors. If this is documented in the legal documents before the judge, the judge is compelled to notify FINTRAC, External