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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 magnesium. Its magnesium is used for technological advancement opportunities for American industries including auto, airline, aerospace, and protecting national security interests with the department of defense.


TSXV:WMG.H - Post by User

Bullboard Posts
Post by Darshan2on Feb 28, 2014 11:54am
187 Views
Post# 22264478

Speculation is a blast

Speculation is a blast...if Scanmag does the deal and the stock goes to say $.50 there will be approximately 180 million issued...so that would make the market cap about $90 million...it would not be all that hard to then raise 10 million to get us to pre-feasibility...other companies have raised that much with half that market cap...soooo fingers, toes, arms, legs and eyes are all crossed...have a great weekend! 
Bullboard Posts