Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

TSXV:WMG.H - Post Discussion

Western Magnesium Corp > Put into perspective
View:
Post by KonnectTheDots on Oct 24, 2022 8:08pm

Put into perspective

Look at it this way Stockprobe as you obviously don't understand the importance of the technology being made profitable.
How long will the company survive as an enterprise if they can make totally green Magnesium at 100% purity but they lose money?

If they can't do it the company folds and it's been a waste of 10 years and $70 million. 

The only thing that matters to a company is to make money. 

Safety the environment social justice or any other nonsense always come second if a company can't make money they won't survive. 

Even US magnesium which creates lots of toxic by products when they create magnesium is profitable they just pay for the cleanup out of their profits. 

Being green is second to being profitable it always will be.

Comment by stockprobe19 on Oct 24, 2022 10:53pm
New Technology means any invention, discovery, improvement, or innovation, that was not available to the acquiring agency on the effective date of the contract, whether or not patentable, including, but not limited to, new processes, emerging technology, machines, and improvements to, or new applications of, existing processes, machines, manufactures and software. Also included are new ...more  
Comment by AucontraireII on Oct 25, 2022 8:35am
There you have it KTD right from the horse's mouth himself. " It has nothing to do with profits. Yes I am interested in profitability but that isn't the point. The point is they have the technology it just isn't profitable right now." Probe is making a completely different argument. Profitability might be on the list of priorities somewhere but it's nowhere near the top ...more  
Comment by stockprobe19 on Oct 25, 2022 10:00am
Did someone just pass gas or did Aucontraire11 just open his mouth? Funny thing is I never listened to what you had to say, you were nothing more than a KTD sidekick. Thinking out loud , laughing out loud, spewing vomit , what's the difference coming from the Con. 
Comment by KonnectTheDots on Oct 25, 2022 12:50pm
Yes Aucon, for you and I stockprobe it's just our daily comic relief, I feel bad for those who listened to his over the top optimism and bought in in the 70s 80s and 90s and now are feeling the buyers remorse.  We don't need peoples agenda driven opinions whether they be positive or negative what we need is news from the company to assure us that this ship is being steered in the ...more  
Comment by GoldHawk2012 on Oct 26, 2022 10:03am
Comic Relief. Just look at the share price. If you want to steal, hire a "person" who excels at failure and mistrust!  That is the only item Ed Lee has gotten right and that is grounds for more lawsuits. Khalid and Hallie "crime queen" run this company into the ground just like the other 8 companies hes been associated with.  Right under his nose Millions and ...more  
Comment by StopTheScam on Oct 26, 2022 10:35am
This post has been removed in accordance with Community Policy
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities