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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
Comment by AucontraireIIon Dec 13, 2019 4:08pm
53 Views
Post# 30453492

RE:RE:RE:RE:RE:RE:Holding on

RE:RE:RE:RE:RE:RE:Holding on
Yes KTD, we always need patients don't we? I am hoping now that the difficult parts like coming up with a revolutionary invention, and then convincing somebody with money to back you, are behind us. Assuming that is true the question then becomes how quickly will things move along? I would think there should be no real hesitation as long as they have a road map in mind which they must have right? Who would pay them without something that simple? So the year 2020 should in theory be full of news releases and a clearer picture of when the first magnesium will be sold which should boost the stock price from here I would think... Again certainly the first question I would ask when lending them $200M is when will you be able to sell the first product? If that is too far out in the future I would walk away...but since they got the money maybe it's not so far in the future... Just trying to be logical here...
Bullboard Posts