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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 AucontraireIIon Apr 09, 2020 5:23pm
160 Views
Post# 30895927

Amazing reaction

Amazing reaction
This is an amazing reaction to this virus. The Powers are literally going to throw trillions of their currencies at restarting the economies in probably every country in the world. This has got to cause a grotesque pandemic commodity-based inflation IMHO. Maybe not right away as the initial depression / recession may cause contraction, but once it takes off, lookout! is the way I see it. We could see a boom time in the economy but without sustainability however with much of the money gets wasted on tasks that will need continuous money to keep them going. Malinvestments, pork, political gifting, etc etc. However I was trying to be optimistic here with Western Mag and thinking that maybe as we are going into production, there might be a huge demand for commodity materials including base metals that would finally include inflation in the prices of such metals. So could we see a perfect storm (at our backs) of demand and inflation combined with production coming online at about the same time? One can hope....
Bullboard Posts