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

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 splitcoreon Jul 28, 2015 9:05am
134 Views
Post# 23966309

Ready to roll!

Ready to roll!I would think that with all the preparations this co. has put in place, they must be ready to put a real mine in operation soon.
Most mining ventures would require hundreds of millions to get a mine off the ground BUT this one has proprietary new technology that allows them to start up at almost any scale they prefer.
My guess is that the hold up is over whether it will be NCM/NVM or Scanmag that gets to build the first mine.

Not sure how critical a domestic source of magnesium is but with all the new green uses for magnesium, you'd think there'd be a push for a safe, secure local supply.
Magnesium with aluminum makes for a super-strong, ultra-light alloy.  Where's Elon Musk when we need him?
jmho.
Split.
Bullboard Posts