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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 > Should they even reopen trading?
View:
Post by AucontraireII on May 08, 2024 7:41pm

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.
Comment by KonnectTheDots on May 08, 2024 7:52pm
Both Sam and Ed said in Zoom meetings that they ''re not concerned about the stock price''. That pretty much tells you everything. I guess these guys don't know who keeps them fed and the payroll rolling.. Expect people to buy the PP's then tell them that the share price isn't their concern. Howz zat supposed to work? Looks like the cash cow finally ran dry. If LM calls ...more  
Comment by AucontraireII on May 10, 2024 6:21pm
Wouldn't it be nice to know where all of those hirees with high powered sounding titles from 2 to 4 years ago are these days.  I mean I jokingly ask myself what do they do all day in the office with no production anywhere in sight? Not even able to trade on the open market?   Whatever happened to them?  Even back then those of us that are skeptical of everything in life ...more  
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